National Consumer Credit Protection Act 2009

ASIC must establish and maintain one or more registers (the credit registers) relating to credit activities.

The regulations may prescribe the way in which the credit registers must be established or maintained, including the details that ASIC must enter in the credit registers in relation to the following persons:

licensees;

persons registered to engage in credit activities under the Transitional Act;

credit representatives of licensees or persons registered to engage in credit activities under the Transitional Act;

persons against whom a banning order or disqualification order is made under Part 2‑4;

persons who are banned from engaging in a credit activity under a law of a State or Territory;

any other persons prescribed by the regulations.

Without limiting subsection (2), the credit registers:

may be maintained in an electronic form; and

may be maintained as part of, or together with, any register in relation to financial services maintained under section 922A of the Corporations Act 2001.

A credit register established under this section is not a legislative instrument.