s 25 Prohibited disclosure in credit report
(1) Subject to section 24, a credit reporting agency shall not include any of the following in a credit report:
(a) any information unless such information includes the name and address of the source of the credit information;
(b) any information unless the identity of the customer can be identified;
(c) any information in relation to a personβs bankruptcy two years after the date of his discharge from the bankruptcy;
(d) any information in relation to a pecuniary action in court against a person more than two years after the date of commencement of the proceedings, unless the current status of the court action has been ascertained and is included in the credit report; and
(e) any information in relation to any default in repayment of credit two years after the date of final settlement of the amount in default, including settlement of the amounts
payable pursuant to a scheme of arrangement with the credit provider.
(2) A credit reporting agency which contravenes subsection (1) 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.
Malay text (authoritative)
Penzahiran yang dilarang dalam laporan kredit
(1) Tertakluk pada seksyen 24, suatu agensi pelaporan kredit tidak boleh memasukkan mana-mana yang berikut dalam suatu laporan kredit:
(a) apa-apa maklumat melainkan jika maklumat itu termasuk nama dan alamat sumber maklumat kredit itu;
(b) apa-apa maklumat melainkan jika identiti pelanggan dapat dikenal pasti;
(c) apa-apa maklumat berhubung dengan kebankrapan seseorang dua tahun selepas tarikh pelepasannya daripada kebankrapan itu;
(d) apa-apa maklumat berhubung dengan suatu tindakan kewangan dalam mahkamah terhadap seseorang yang lebih daripada dua tahun selepas tarikh permulaan prosiding itu, melainkan jika status semasa mengenai tindakan mahkamah itu telah dipastikan dan dimasukkan ke dalam laporan kredit itu; dan
(e) apa-apa maklumat berhubung dengan apa-apa kemungkiran dalam pembayaran balik kredit dua tahun selepas tarikh penyelesaian muktamad akan amaun yang dimungkiri, termasuk penyelesaian amaun yang kena dibayar menurut suatu skim perkiraan dengan pemberi kredit.
(2) Sesuatu agensi pelaporan kredit yang melanggar subseksyen (1) melakukan suatu kesalahan dan boleh, apabila disabitkan, didenda tidak melebihi lima ratus ribu ringgit atau dipenjarakan selama tempoh tidak melebihi dua tahun atau kedua-duanya.
Read this section in the full act β Β· Open Part V β
Find Act 710 on lom.agc.gov.my β
Text as at 1 August 2024 (LOM reprint); amendments made after that date may not be incorporated.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).
