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National Credit Act, 2005 (Act No. 34 of 2005)

Chapter 4 : Consumer Credit Policy

Part B : Confidentiality, personal information and consumer credit records

68. Right to confidential treatment

 

(1) Any person who, in terms of this Act, receives, compiles, retains or reports any confidential information pertaining to a consumer or prospective consumer must protect the confidentiality of that information, and in particular, must—
(a) use that information only for a purpose permitted or required in terms of this Act, other national legislation or applicable provincial legislation; and
(b) report or release that information only to the consumer or prospective consumer, or to another person—
(i) to the extent permitted or required by this Act, other national legislation or applicable provincial legislation; or
(ii) as directed by—
(aa) the instructions of the consumer or prospective consumer; or
(bb) an order of a court or the Tribunal.

 

(2) [Subsection 2 deleted by section 110 of Act No. 4 of 2013].