(1) An authorised or formerly authorised credit institution shall make available to depositors and intending depositors information about the provisions of the scheme comprised in the Deposit Guarantee Act and these Regulations (in this Regulation called the "deposit guarantee scheme"), including -
(a) the amount and scope of the cover offered by the deposit guarantee scheme, and
(b) the circumstances in which a deposit is not covered by that scheme.
(1A) An authorised or formerly authorised credit institution shall also provide to a depositor or intending depositor, on request, information about the conditions under which compensation is payable and the formalities for obtaining compensation under the deposit guarantee scheme.
(1B) An authorised or formerly authorised credit institution shall provide the information provided for in paragraphs (1) and (1A) in a way -
(a) that is easy for depositors to understand, and