Privacy Act & codes

Credit Reporting Privacy Code Amendment No. 8

9 May 2013

The Privacy Commissioner has issued Amendment No.8 to the Credit Reporting Privacy Code 2004 [PDF, 192 KB].  The amendment changes the rules about the use and disclosure of credit information about serious threats to reflect a recent Privacy Act amendment. The amendment comes into force on 30 June 2013.

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The amendment was notified as part of Amendment No 7 but was delayed due to the timing of the Privacy Amendment Act 2013.


Credit Reporting Privacy Code Amendment No. 7

4 February 2013

The Privacy Commissioner has issued Amendment No 7 to the Credit Reporting Privacy Code 2004.

The amendment:

  1. permits credit reporters to disclose credit information to credit providers and credit insurers for the purpose of identity verification under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 ("AML/CFT Act");
  2. continues for a further four years the obligation on credit providers to notify existing customers if they intend to share credit account information with credit reporters; and
  3. corrects an error in the summary of rights.


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information paper
media release 

The amendment comes into force on 1 April 2013, with one clause coming into force on 29 March 2013 and two others coming into force on 30 June 2013.

See below the current version of the code and copies of the amendments to the code.  If you're interested, you can also find background information on the amendments below.

  • The current code [PDF, 818 KB] (with commentary and incorporating amendments 2-5 and 7)

     
  • The amendments

Amendment No 7, issued on 1 February 2013  
Amendment No 6 (Temporary), issued on 26 March 2012, came into force on 1 April 2012 and expires on 31 March 2013.  This amendment makes a correction to the summary of rights, contained in schedule 4 of the Code, to ensure that it is an accurate reflection of the law.
Amendment No 5, 30 September 2011
Amendment No 4, issued 14 December 2010
Amendments 1 (issued 9 August 2005), 2 (issued 24 February 2006) and 3 (issued 18 December 2009)  

  • The review

Review of the Credit Reporting Privacy Code 2004: Report of the Reference Group Discussions, June 2009

Information papers 2004