Malaysia legislation
Section 24
Section 24
(a)
the customer has given his consent to the disclosure;
(b)
the disclosure is necessary for the purpose of preventing or detecting crime or for the purpose of investigations;
or
(c)
the disclosure is required or authorized by or under any law, or by the order of a court.
(2)
Subject to subsection (3), where a credit reporting agency has obtained the consent of the customer under paragraph (1)(a), it shall not disclose the credit information—
(a)
for any other purpose other than the purpose for which;
or
(b)
to any other person other than the person to whom, the customer has consented under that paragraph.
(3)
Where a credit reporting agency intends to disclose the credit information—
(a)
for any other purpose other than the purpose for which the customer has consented to under paragraph (1)(a);
or
(b)
to any other person other than the person to whom the customer has consented to under paragraph (1)(a),
Act 710
the credit reporting agency shall obtain the consent of the customer under paragraph (1)(a) to disclose the credit information for that other purpose or to that other person, as the case may be.
(4)
A credit reporting agency which contravenes this section commits an offence and shall, upon conviction, be liable to a fine not exceeding five hundred thousand ringgit or to imprisonment for a term not exceeding two years or to both.
Prohibited disclosure in credit report