Offences
(1) A credit provider commits an offence if:
(a) the provider discloses credit information under section 21D; and
(b) the information is false or misleading in a material particular.
Penalty: 200 penalty units.
(2) A credit provider commits an offence if:
(a) the provider uses or discloses credit eligibility information under this Division; and
(b) the information is false or misleading in a material particular.
Penalty: 200 penalty units.
Civil penalties
(3) A credit provider must not disclose credit information under section 21D if the information is false or misleading in a material particular.
Civil penalty: 2,000 penalty units.
(4) A credit provider must not use or disclose credit eligibility information under this Division if the information is false or misleading in a material particular.
Civil penalty: 2,000 penalty units.