Meaning of payment information
If: (a) a credit provider has disclosed default information about an individual to a credit reporting body; and (b) on a day after the default information was disclosed, the amount of the overdue payment to which the information relates is paid; then payment information about the individual is a statement that the amount of the overdue payment has been paid on that day.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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