(1) A credit information provider shall verify the Tax Registration Number of a credit information subject which is not an individual against an original or copy of a Tax Clearance Certificate issued by the Revenue Commissioners to the credit information subject and currently in force.

(2) A credit information provider shall verify any other tax number of a credit information subject which is not an individual against any other tax reference documentation issued by the Revenue Commissioners or other relevant tax authority in respect of that tax type.

(3) If a credit information subject which is not an individual does not possess the documents specified in paragraph (1) or, as appropriate, paragraph (2) the credit information provider may verify the information against any other reliable document issued by the Revenue Commissioners or other tax authority in respect of that tax type.

(4) In determining the reliability of the document referred to in paragraph (3) 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.