A credit information provider shall, in accordance with such guidelines as may be published by the Bank, provide to the Bank such personal information relating to -

(a) any qualifying credit application made to the credit information provider on or after the date of commencement of these Regulations and to the credit information subject by whom the application was made, and

(b) any qualifying credit agreement made by the credit information provider, whether before or after the date of commencement of these Regulations, and in force on or after that date 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 specified in Schedule 1 and is applicable.