Credit Reporting Act 2013
Number 45 of 2013
CREDIT REPORTING ACT 2013
REVISED
Updated to 28 August 2019
This Revised Act is an administrative consolidation of the Credit Reporting Act 2013. It is prepared by the Law Reform Commission in accordance with its function under the Law Reform Commission Act 1975 (3/1975) to keep the law under review and to undertake revision and consolidation of statute law.
All Acts up to and including the Judicial Council Act 2019 (33/2019), enacted 23 July 2019, and all statutory instruments up to and including the Credit Reporting Act 2013 (Section 20) (Verification of Identity of Credit Information Subjects) (Amendment) Regulations 2019 (S.I. No. 433 of 2019), made 28 August 2019, were considered in the preparation of this Revised Act.
Disclaimer: While every care has been taken in the preparation of this Revised Act, the Law Reform Commission can assume no responsibility for and give no guarantees, undertakings or warranties concerning the accuracy, completeness or up to date nature of the information provided and does not accept any liability whatsoever arising from any errors or omissions. Please notify any errors, omissions and comments by email to
revisedacts@lawreform.ie.
Number 45 of 2013
CREDIT REPORTING ACT 2013
REVISED
Updated to 28 August 2019
Introduction
This Revised Act presents the text of the Act as it has been amended since enactment, and preserves the format in which it was passed.
Related legislation
This Act is not collectively cited with any other Act.
Annotations
This Revised Act is annotated and includes textual and non-textual amendments, statutory instruments made pursuant to the Act and previous affecting provisions.
An explanation of how to read annotations is available at
www.lawreform.ie/annotations.
Material not updated in this revision
Where other legislation is amended by this Act, those amendments may have been superseded by other amendments in other legislation, or the amended legislation may have been repealed or revoked. This information is not represented in this revision but will be reflected in a revision of the amended legislation if one is available.
Where legislation or a fragment of legislation is referred to in annotations, changes to this legislation or fragment may not be reflected in this revision but will be reflected in a revision of the legislation referred to if one is available.
A list of legislative changes to any Act, and to statutory instruments from 1972, may be found linked from the page of the Act or statutory instrument at
www.irishstatutebook.ie.
Acts which affect or previously affected this revision
• Markets in Financial Instruments Act 2018 (25/2018)
All Acts up to and including Judicial Council Act 2019 (33/2019), enacted 23 July 2019, were considered in the preparation of this revision.
Statutory instruments which affect or previously affected this revision
• Credit Reporting Act 2013 (Section 20) (Verification of Identity of Credit Information Subjects) (Amendment) Regulations 2019 (S.I. No. 433 of 2019)
• Credit Reporting Act 2013 (Section 26) (Fees) (Amendment) Regulations 2018 (S.I. No. 348 of 2018)
• Credit Reporting Act 2013 (Section 26) (Fees) Regulations 2018 (S.I. No. 91 of 2018)
• Credit Reporting Act 2013 (Section 24) (Notices) Regulations 2016 (S.I. No. 489 of 2016)
• Credit Reporting Act 2013 (Section 20) (Verification of Identity of Credit Information Subjects) Regulations 2016 (S.I. No. 488 of 2016)
• Credit Reporting Act 2013 (Section 17) (Access to Central Credit Register) Regulations 2016 (S.I. No. 487 of 2016)
• Credit Reporting Act 2013 (Section 11) (Provision of Information for Central Credit Register) Regulations 2016 (S.I. No. 486 of 2016)
• Credit Reporting Act 2013 (Section 6) (Additional Personal Information) Regulations 2016 (S.I. No. 485 of 2016)
• Credit Reporting Act 2013 (Commencement) Order 2014 (S.I. No. 19 of 2014)
All statutory instruments up to and including Credit Reporting Act 2013 (Section 20) (Verification of Identity of Credit Information Subjects) (Amendment) Regulations 2019 (S.I. No. 433 of 2018), made 28 August 2019, were considered in the preparation of this revision.
Number 45 of 2013
CREDIT REPORTING ACT 2013
REVISED
Updated to 28 August 2019
CONTENTS
Preliminary and General
Section
1. Short title and commencement
The Central Credit Register
8. Period for which information may be held on Register
9. Application for amendment of information held on Register
10. Notification of decision on application for amendment
11. Duty of credit information provider to provide information for Register
12. Duty to provide information about foreign credit
13. Statement explaining information
14. Duty to access information on Register
15. Power to access information on Register
16. Purposes for which information may be used by credit information provider
17. Access to Register: supplementary
18. Notices of suspected impersonation
Duties of Credit Information Providers
20. Verification of identity of credit information subjects
21. Verification of accuracy of credit information
22. Informing credit information subject of suspected impersonation
23. Ensuring that credit information subjects are aware of rights and duties
24. Informing credit information subjects of duty to provide information
Levy and Fees
25. Levy on credit information providers
Enforcement
28. Enforcement: supplementary
Miscellaneous
30. Power of Bank to produce credit scores and anonymised information
32. Prohibition on unauthorised disclosure of information
34. Amendment of section 33AK of Central Bank Act 1942
35. Amendment of section 5 of Central Bank (Supervision and Enforcement) Act 2013
Acts Referred to
Central Bank (Supervision and Enforcement) Act 2013 (No. 26)
Central Bank Act 1942 (No. 22)
Companies Act 1963 (No. 33)
Data Protection Act 1988 (No. 25)
Data Protection Acts 1988 and 2003
Fiscal Responsibility Act 2012 (No. 39)
Local Government Act 2001 (No. 37)
National Asset Management Agency Act 2009 (No. 34)
Pawnbrokers Act 1964 (No. 31)
Number 45 of2013
CREDIT REPORTING ACT 2013
REVISED
Updated to 28 August 2019
An Act to make provision for the establishment, maintenance and operation of a central credit register for the holding of information about credit applications and credit agreements and parties to them; to make provision about the information to be provided for entry on the register; to make provision for access to the information held on the register for the assessment of creditworthiness and other purposes; to impose duties on parties to credit agreements; to amend the Central Bank Act 1942; and the Central Bank (Supervision and Enforcement) Act 2013; and to make provision for related matters.
[23rd December, 2013]
Be it enacted by the Oireachtas as follows:
Annotations
Editorial Notes:
E1
Central Bank excluded from definition of public bodies in Freedom of Information Act 2014 (30/2014) in so far as it relates to certain records of this Act (14.10.2014) by Freedom of Information Act 2014 (30/2014), s. 6 and sch. 1 part 1(b)(ii), commenced as per s. 1(2).