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
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).