s 57 Functions of designated credit bureau
57.—(1) Subject to the provisions of this Part, the functions of the designated credit bureau are as follows:(a) to prepare and provide reports in accordance with the provisions of this Part;[Act 38 of 2023 wef 01/03/2024] (b) to serve as a repository of data from which the Registrar or any public agency may obtain data for any purpose specified in this Act;[Act 38 of 2023 wef 01/03/2024] (c) to maintain a record of persons to whom a licensee is prohibited from granting a loan, and to assist in giving effect to such prohibition.[Act 38 of 2023 wef 01/03/2024] [Act 38 of 2023 wef 01/03/2024] (2) In addition to the functions under subsection (1), the designated credit bureau must undertake any other function that may be prescribed by the Minister in relation to protecting the interest of licensees, borrowers or potential borrowers.[Act 38 of 2023 wef 01/03/2024]