(1) The European Communities (Distance Marketing of Consumer Financial Services) Regulations 2004 (S.I. No. 853 of 2004) are amended in Schedule 2 by inserting after subparagraph (b) the following:

"(ba) where the financial service is a credit agreement to which the European Communities (Consumer Credit Agreements) Regulations 2010 (S.I. No. of 2010) apply, the following particulars:

(i) the total amount of credit and the conditions governing its drawdown;

(ii) the duration of the credit agreement;

(iii) in the cases of credit in the form of deferred payment for a specific good or service and a linked credit agreement, the good or service concerned and its cash price;

(iv) the following information in relation to borrowing rates and charges:

(I) the initial borrowing rate;

(II) the conditions governing the application of the initial borrowing rate;

(III) where available, any index or reference rate applicable to the initial borrowing rate;