Document ID: chunk:federal_register_of_legislation:C2025C00055:section:6:p11
Version: federal_register_of_legislation:C2025C00055
Segment Type: section
Provision Reference: s 6 (pt 11/17)
Character Range: 54385–57298

provide insurance to, or the risk of providing insurance to, a credit provider in relation to mortgage credit:
 (i) provided by the provider to the individual; or
 (ii) for which an application to the provider has been made by the individual; or
 (b) the risk of the individual defaulting on mortgage credit in relation to which the insurer has provided insurance to a credit provider; or
 (c) the risk of the individual being unable to meet a liability that might arise under a guarantee provided, or proposed to be provided, in relation to mortgage credit provided by a credit provider to another person.
mortgage insurer means an organisation, or small business operator, that carries on a business or undertaking that involves providing insurance to credit providers in relation to mortgage credit provided by providers to other persons.
National Credit Code has the same meaning as in the National Consumer Credit Protection Act 2009.
national emergency declaration has the same meaning as in the National Emergency Declaration Act 2020.
National Personal Insolvency Index has the meaning given by the Bankruptcy Act.
new arrangement information has the meaning given by section 6S.
non‑participating credit provider means a credit provider to which all of the following apply:
 (a) the credit provider has not disclosed credit reporting information or credit eligibility information about an individual to a credit reporting body or another credit provider;
 (b) the credit provider is not likely to disclose credit reporting information or credit eligibility information about an individual to a credit reporting body or another credit provider;
 (c) the credit provider has not collected credit reporting information or credit eligibility information about an individual from a credit reporting body or another credit provider.
non‑profit organisation means an organisation:
 (a) that is a non‑profit organisation; and
 (b) that engages in activities for cultural, recreational, political, religious, philosophical, professional, trade or trade union purposes.
offence against this Act includes an offence against section 6 of the Crimes Act 1914, or section 11.1, 11.2, 11.2A, 11.4 or 11.5 of the Criminal Code, that relates to an offence against this Act.
Ombudsman means the Commonwealth Ombudsman.
organisation has the meaning given by section 6C.
overseas recipient, in relation to personal information, has the meaning given by Australian Privacy Principle 8.1.
payment information has the meaning given by section 6T.
penalty unit has the meaning given by section 4AA of the Crimes Act 1914.
pending correction request in relation to credit information or CRB derived information means:
 (a) a request made under subsection 20T(1) in relation to the information if a notice has not been given under subsection 20U(2) or (3) in relation to the request; or
 (b) a request made under subsection 21V(1)