Credit Reporting Act, 2018 (No. 8 of 2018)
ZambiaAct of Parliament2018No. No. 8 of 2018
The Credit Reporting Act, 2018 (No. 8 of 2018) is an Act of the Parliament of Zambia enacted in 2018. It contains 75 sections. Read its sections below, or ask Levy any question about the Credit Reporting Act, 2018 (No. 8 of 2018) and get an answer grounded in the Act with citations.
Sections of the Credit Reporting Act, 2018 (No. 8 of 2018)
- S. 1Short title and commencement
- S. 2Interpretation
- S. 3Application of the Act
- S. 4Administration of Act
- S. 5Register of credit reporting agencies
- S. 6Inspection of Register
- S. 7Operating credit reporting agency without licence
- S. 8Application for credit reporting licence
- S. 9Consideration and grant of credit reporting agency licence
- S. 10Validity of licence
- S. 11Variation of licence
- S. 12Rejection of application
- S. 13Surrender of licence
- S. 14Transfer of licence
- S. 15Suspension or cancellation of licence
- S. 16Handling of credit information when licence cancelled
- S. 17Establishment of Credit Registry
- S. 18Retention of information on Credit Registry
- S. 19Beneficial interest and control of credit reporting agency
- S. 20Owning of shares in another credit reporting agency
- S. 21Appointment of board of directors
- S. 22Disqualification for appointment as director or senior manager
- S. 23Collection of information on data subject
- S. 24Disclosure of credit information
- S. 25Security of credit information
- S. 26Retention period of credit information by credit reporting agency
- S. 27Credibility of credit information
- S. 28Credit report
- S. 29Information to be excluded from credit report
- S. 30Accuracy of data maintained by credit information provider
- S. 31Bank’s order on inaccurate, incomplete or outdated information
- S. 32Inspections
- S. 33Destruction of documents
- S. 34Supervisory action
- S. 35Complaints procedure
- S. 36Credit provider to provide information to data subject
- S. 37Access to credit information maintained by credit reporting agency
- S. 38Notification of adverse action
- S. 39Right to challenge credit information
- S. 40Initiation of investigation
- S. 41Refusal to investigate or discontinue a complaint
- S. 42Continuation of investigation where complaint withdrawn
- S. 43Referral of matter
- S. 44Collaboration on investigation
- S. 45Enforcement notice
- S. 46Variation or cancellation of enforcement notice
- S. 47Reason for decision and right to be heard
- S. 48Right to appeal
- S. 49Appointment and convening of appeals tribunal
- S. 50Tribunal Rules
- S. 51Access to documents
- S. 52Continuing acts or offences
- S. 53Restriction on use of name indicating credit reporting business
- S. 54Validity of certain acts
- S. 55Power to summon senior management officer, directors and
- S. 56Submission of information and documents to Bank
- S. 57Publication of information
- S. 58Immunity of senior management officer, agent or employee of Bank
- S. 59Exemptions
- S. 60Penalty for offences where no specific penalty provided
- S. 61Offence by principal officer or shareholder of body corporate or
- S. 62Administrative penalties
- S. 63Regulatory statements
- S. 64Rules
- S. 65Regulations
- S. IPRELIMINARY PROVISIONS
- S. IIADMINISTRATION
- S. IIILICENSING OF CREDIT REPORTING AGENCIES
- S. IVCREDIT REGISTRY
- S. IXREPRESENTATIONS AND APPEALS PROCESS
- S. VMANAGEMENT OF CREDIT REPORTING AGENCY
- S. VISUPERVISION AND REGULATION OF CREDIT REPORTING AGENCIES
- S. VIICONSUMER RIGHTS AND PROTECTION
- S. VIIICOMPLAINT AND INVESTIGATION
- S. XGENERAL PROVISIONS