Section

SECTION 17: Actions in lieu of revocation or suspension of a licence

Part of: Credit Reporting Act 2017

The Bank may, in lieu of revoking or suspending a licence, require the Credit Bureau to take such measures to regularise the breach or violation within such time as the Bank may specify and may, in addition, impose monetary penalty or other sanctions as it…

Read the full section with Sanctum

Sanctum is the key to all NLC content: judgments, principles, statutes, rules and forms. Choose a plan from 1 month to 36 months.

Get Access I’m a member — Log in