Amended application to vary Credit Reporting Code

The Australian Information Commissioner has announced that they have received an amended application from the Privacy (Credit Reporting) Code developer, the Australian Retail Credit Association (ARCA), to vary the Privacy (Credit Reporting) Code 2014 (the CR Code) as from 1 July 2022. This is further to ARCA’s original application made on 6 September 2021 to vary the current registered CR Code.


The changes to the original variation application submitted by ARCA are intended to clarify or simplify the wording of relevant provisions.

Principally there is a change to reflect how to dertermine the financial hardship information and repayment history information that may be disclosed if two or more financial hardship arrangements are active on the assessment day.

The application contains examples of the application of proposed changes.

The Information Commissioner will consider this proposed new version as a part of the variation application process.

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David Jacobson

Author: David Jacobson
Principal, Bright Corporate Law
About David Jacobson
The information contained in this article is not legal advice. It is not to be relied upon as a full statement of the law. You should seek professional advice for your specific needs and circumstances before acting or relying on any of the content.

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