(1) Subject to paragraphs (2) and (4), a credit information provider shall verify an individual's forename, surname and date of birth against an original or copy of any of the following documents currently in force -

(a) Passport,

(b) Driving Licence.

(2) If a credit information subject does not possess any of the documents specified in paragraph (1) the credit information provider may verify the information against any other reliable document that contains the name and date of birth of the credit information subject.

(3) In determining the reliability of the document referred to in paragraph (2) the credit information provider shall have regard to the following:

(a) the nature of the body by whom the document was issued;

(b) the nature of the document;

(c) whether it might reasonably be expected that the document was issued following checks on the identity of the person.

(4) A credit information provider shall retain a copy of any document used for the purpose of verification under this Regulation for a period of 5 years beginning on the date that the credit information provider is last required by section 11 of the Act of 2013 and any Regulations made thereunder to provide personal information to the Bank in respect of that credit information subject.