In this Act unless the context otherwise requires,

“Bank” means the Bank of Ghana;

“Court” means a Court of competent jurisdiction;

“computer system” includes an electronic, magnetic, optical, electron-chemical or other data processing device, the physical components and any removable storage medium that is connected to the device or a group of inter-connected or related devices, one or more of which is capable of

(a) containing data, or

(b) performing a logical, arithmetic or any other function in relation to data; “contingent liabilities” includes liabilities that are contingent upon the occurrence of an event that affect guarantees and other credit enhancing instruments issued by a person in favour of another person;

“credit bureau” means an institution licensed under this Act to carryout credit bureau

activities;

“credit bureau activities” means the activities specified in section 12;

“credit information” means data on credit information subjects in electronic and paper

form that is submitted by a data provider to a credit bureau and maintained, processed

and reported on by a credit bureau, under this Act;

“credit information subject” means a person in relation to whom a data provider submits

credit information to a credit bureau and in relation to whom a credit report is

issued by a credit bureau;

“credit report” means a report issued by a credit bureau which contains a full or partial

disclosure of information contained in its database;

“credit report recipient” means a financial institution which is eligible to receive a credit

report under this Act;

“credit reporting system” means the collection of credit data by a credit bureau, the

storage, management and processing of the data and the dissemination of credit

information by a credit bureau under this Act;

“data provider” means a financial institution and a public source as defined under this

Act and any other person designated as such from time to time by the Minister;

“financial institution” means a financial institution licensed and regulated bylaw and

includes institutions licensed and regulated under

(a) the Banking Act, 2004 (Act 673),

(b) the Financial Institutions (Non-Banking) Law, 1993 (P.N.D.C.L. 328),

(d) the Securities Industry Law 1993 (P.N.D.C.L. 333); “Minister” means the

Minister responsible for Finance and Economic Planning;

“pecuniary penalty” means a fine imposed by the Bank; “person” means a natural and artificial person;

“prescribed” means prescribed under this Act;

“private domain name” means an alphanumeric designation that is registered or assigned

in respect of an electronic address or other resource on the Internet;

“public source” means the public agencies and registries specified under section 28 of

this Act;

“security agencies” means agencies connected with national security;