Credit Information Companies (Regulation) Act, 2005

Section - 1 - Short title, extent and commencement

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Section - 2 - Definitions

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Section - 3 - Prohibition to commence or carry on business of credit information

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Section - 4 - Application for registration

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Section - 5 - Grant of certificate of registration

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Section - 6 - Power of Reserve Bank to cancel certificate of registration

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Section - 7 - Appeal against order of Reserve Bank

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Section - 8 - Requirement as to minimum capital

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Section - 9 - Management of credit information company

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Section - 10 - Power of Reserve Bank to determine policy

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Section - 11 - Power of Reserve Bank to give directions

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Section - 12 - Inspection of credit information company, credit institution and specified user

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Section - 13 - Powers and duties of auditors

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Section - 14 - Functions of a credit information company

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Section - 15 - Credit Institution to be member of a credit information company

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Section - 16 - Failure to become a member of a credit information company

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Section - 17 - Collection and furnishing of credit information

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Section - 18 - Settlement of dispute

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Section - 19 - Accuracy and security of credit information

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Section - 20 - Privacy principles

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Section - 21 - Alteration of credit information files and credit reports

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Section - 22 - Unauthorised access to credit information

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Section - 23 - Offences and penalties

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Section - 24 - Cognizance of offences

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Section - 25 - Power of Reserve Bank to impose penalty

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Section - 26 - Application of fines

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Section - 27 - Power of Reserve Bank to specify maximum amount of fees

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Section - 28 - Disclosure of information before any court or tribunal or authority

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Section - 29 - Obligations as to fidelity and secrecy

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Section - 30 - Protection of action taken in good faith

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Section - 31 - Bar of jurisdiction

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Section - 32 - Power of Reserve Bank to exempt in certain cases

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Section - 33 - Application of other laws not barred

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Section - 33A - Powers of Reserve Bank not apply to International Financial Services Centre

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Section - 34 - Amendment of certain enactments

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Section - 35 - Removal of difficulties

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Section - 36 - Power to make rules

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Section - 37 - Power of Reserve Bank to make regulations

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Schedule - AMENDMENTS TO CERTAIN ENACTMENTS

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