Correction of data on licensed credit bureau’s initiative
19.—(1)  Subject to subsection (2), a licensed credit bureau must correct an error or omission in the data of a data subject that is in its possession or under its control if it is satisfied that there is evidence of a conflict between the data and other information relating to the data subject —
(a)in its possession or under its control; or
(b)obtained from such public authority as may be prescribed.
(2)  Except under prescribed circumstances, before the licensed credit bureau corrects any data under subsection (1), the licensed credit bureau must —
(a)inform the data provider that provided the data to the licensed credit bureau of the proposed correction; and
(b)subject to subsection (3), obtain consent from that data provider to the proposed correction.
(3)  The licensed credit bureau need not obtain the consent in subsection (2)(b) if it is satisfied that any refusal of consent is frivolous or vexatious.
(4)  Any person that contravenes subsection (1) or (2) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $100,000, and in the case of a continuing offence, to a further fine not exceeding $10,000 for every day or part of a day during which the offence continues after conviction.