16Loan manager must notify Commissioner of borrower's details

1. The loan manager must notify the Commissioner—

2. of every person who becomes a borrower; and
3. if the loan manager becomes aware that any of the information provided by the loan manager is incorrect or has changed.

4. That notification must—

5. include the following information:
   1. the date on which the borrower's loan entitlement letter was issued; and
   2. the borrower's full name; and
   3. the borrower's tax file number; and
   4. the borrower's date of birth; and
   5. all current postal addresses for the borrower; and
   6. all current electronic addresses for the borrower (if the borrower has any); and
   7. all current telephone numbers for the borrower (if the borrower has any); and
   8. any further information specified in regulations; and
6. if applicable, indicate which information has been corrected or changed.

7. The Commissioner and the loan manager may, for the purpose of this section, determine by written agreement between them—

8. the frequency with which that notification must be supplied; and
9. the form in which that notification must be supplied; and
10. the method by which that notification must be supplied.

11. Subsection (3)(b) and (c) apply despite section 211.