(1) The Minister may issue guidelines -
(a) regarding lending practices and procedures to facilitate the availability of credit to classes of borrowers or potential borrowers including small and medium sized enterprises, and
(b) relating to the review of decisions of participating institutions to refuse credit facilities.
(2) The Minister shall cause a copy of guidelines issued under subsection (1) to be laid before each House of the Oireachtas as soon as practicable.
(3) A participating institution shall comply with any guidelines issued under subsection (1).