Draft:Credit Reporting Agencies Act 2010
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| Credit Reporting Agencies Act 2010 | |
|---|---|
 | |
| Parliament of Malaysia | |
| |
| Citation | Act 710 |
| Territorial extent | Malaysia |
| Passed by | Dewan Rakyat |
| Passed | 20 April 2010 |
| Passed by | Dewan Negara |
| Passed | 4 May 2010 |
| Royal assent | 2 June 2010 |
| Commenced | 10 June 2010 |
| Effective | 15 January 2014, P.U. (B) 12/2014[1] |
| Legislative history | |
| First chamber: Dewan Rakyat | |
| Bill title | Credit Reporting Agencies Bill 2009 |
| Bill citation | D.R. 36/2009 |
| Introduced by | Dato' Seri Dr. Awang Adek Hussin, Deputy Minister of Finance (Malaysia) |
| First reading | 18 November 2009 |
| Second reading | 20 April 2010 |
| Third reading | 20 April 2010 |
| Second chamber: Dewan Negara | |
| Bill title | Credit Reporting Agencies Bill 2009 |
| Bill citation | D.R. 36/2009 |
| Member(s) in charge | Dato' Seri Dr. Awang Adek Hussin, Deputy Minister of Finance (Malaysia) |
| Second reading | 4 May 2010 |
| Third reading | 4 May 2010 |
| Related legislation | |
| Personal Data Protection Act 2010 [Act 709] | |
| Keywords | |
| Registrar Office of Credit Reporting Agencies, credit reporting agencies, credit reporting | |
| Status: In force | |
The Credit Reporting Agencies Act 2010 (Malay: Akta Agensi Pelaporan Kredit 2010) is a Malaysian law which provides for the registration and regulation of credit reporting agencies and for related, consequential and incidental matters.
The Bill was introduced into the Parliament of Malaysia by Dato' Seri Dr. Awang Adek Hussin, Deputy Minister of Finance (Malaysia) on 18 November 2009.[2] It passed the Dewan Rakyat (House of Representatives) on 20 April 2010 and the Dewan Negara (Senate) on 4 May 2010 without any amendment. The Act received Royal Assent on 2 June 2010 pursuant to Clause 4A of Article 66 of the Federal Constitution.
Structure
[edit]The Credit Reporting Agencies Act 2010 consists of 9 Parts containing 77 sections and 4 schedules.
- Part I: Preliminary
- Part II: Appointment, Functions and Powers of Registrar
- Part III: Registration of Credit Reporting Agencies
- Part IV: Management of Credit Reporting Agencies
- Part V: Conduct of Business of Credit Reporting Agencies
- Part VI: Inspection, Complaint and Investigation
- Part VII: Enforcement
- Part VIII: Miscellaneous
- Part IX: Saving and Transitional Provisions
- First Schedule
- Second Schedule
- Third Schedule
- Fourth Schedule
Subsidiary legislation
[edit]Under subsection 72 of the Act, the Minister has made the following subsidiary legislation:
- Credit Reporting Agencies (Registration) Regulations 2014 [P.U. (A) 142/2014]
- Credit Reporting Agencies (Compounding of Offences) Regulations 2014 [P.U. (A) 275/2014]
References
[edit]- ^ "Credit Reporting Agencies Act 2010: Appointment of Date of Coming into Operation" (PDF). Attorney General's Chambers of Malaysia. Retrieved 16 November 2024.
- ^ "List of Bills". Parliament of Malaysia. Retrieved 16 November 2024.
External links
[edit]- Credit Reporting Agency Act 2010
This article incorporates text from this source, which is in the public domain.
