Duty of trader to disclose receipt of prescribed report
117 Duty of trader to disclose receipt of prescribed report
Where a trader:
denies a prescribed benefit sought by a person; or
(b) grants a prescribed benefit sought by a person, but on terms less favourable than those on which the trader grants similar benefits to other persons in the course of the trader's business;
and the trader has during the last preceding 6 months received a prescribed report in relation to that person, the trader shall, if that person asks in writing whether such a report has been so received:
inform the person that the trader has received the report; and
(d) give the person the name and address of the reporting agency or trader who provided the report.
Maximum penalty: If the offender is a natural person –200 penalty units.
If the offender is a body corporate –1 000 penalty units.
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