Australian Retail Credit Association releases draft Credit Reporting Code of Conduct.

April 6, 2013 |

On 3 April 2013 ARCA released its draft of the new CR Code, an integral part of the regulatory framework of those governed by the Credit Reporting provisions of the Privacy Act.

The public consultation closes on 5 May 2013.

The Information Commissioner’s media release of yesterday’s date is found here.

The draft CR Code and details for lodging a submission can be found here.

Part of the ARCA submission page provides:

Public Consultation – The Credit Reporting Code of Conduct 

The Australasian Retail Credit Association (ARCA) released for public consultation, a draft of the new Credit Reporting Code of Conduct (CR Code) on 3rd April 2013. This new CR Code will complete the privacy protection regime set out in Part IIIA of the Privacy Act as amended in December 2012, and ultimately replace the existing Credit Reporting Code of Conduct, that has operated since 1996. 

The CR Code is being released publicly so that submissions can be received from the public and stakeholder views taken into account as required by Section 26Q of the amended Privacy Act. 

The public consultation process closes at 5.00pm on 5 May 2013.

 Written submissions

Written submissions are requested by 5 May 2013.  Late submissions will not be considered unless prior arrangements have been agreed. If you wish to make a submission, please forward your submission in electronic (PDF or Word) form to

Written submissions will be posted on ARCA’s website at If you do not want your submission made public, please clearly mark it as “Confidential – not for publication”.

The attached “Code Consultation Paper” has further details and information in relation to the CR Code consultation process and should be read prior to making any submission.

 Should you require further information, please contact ARCA via email at

An effectively one month consultation period is quite short, particularly given the Privacy Commissioner had to give ARCA an extension to complete the code.



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