(1) A credit information provider shall provide to the Bank -

(a) such personal information and credit information relating to any qualifying credit application made to the credit information provider, and to the credit information subject by whom any such application was made, as is required to be provided by regulations under subsection (2), and

(b) such personal information and credit information relating to any qualifying credit agreement made by the credit information provider, and to the credit information subject with whom the qualifying credit agreement was made or any credit information subject who is a guarantor in connection with the credit agreement, as is so required.

(2) The Bank shall, with the consent of the Minister, make regulations specifying -

(a) the information that is to be provided to the Bank under subsection (1),

(b) the form in which, and when, that information is to be so provided, and