Correction of data on request
18.—(1)  A data subject may request a licensed credit bureau to correct an error or omission in any data of the data subject that is in the possession or under the control of the licensed credit bureau.
(2)  A data provider may request a licensed credit bureau to correct an error or omission in any data provided by the data provider to the licensed credit bureau.
(3)  Upon receiving a request under subsection (1) or (2), the licensed credit bureau must —
(a)within such period as the Authority may specify by written notice after receiving such request, conduct and complete an investigation to ascertain the integrity of the data; and
(b)unless it is satisfied on reasonable grounds that a correction should not be made, within such period as the Authority may specify by written notice —
(i)correct the data in its possession or under its control; and
(ii)send the corrected data to every approved member of the licensed credit bureau to which the licensed credit bureau disclosed the data within a year before the date the correction was made.
(4)  Any person that contravenes subsection (3) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $250,000 and, in the case of a continuing offence, to a further fine not exceeding $25,000 for every day or part of a day during which the offence continues after conviction.