Notification of changes: prescribed change of circumstances
5.—(1) The changes in circumstances set out in paragraph (2) are prescribed for the purposes of paragraph 11(8) of Schedule 3.
(2) The changes of circumstances are where—
(a)an account which R holds with a banking institution, as specified in regulation 3(1)(a) or (b), has been—
(i)opened, or
(ii)closed;
(b)a debit card R holds in relation to any account specified in regulation 3(1)(a) or (b)—
(i)has been obtained by R, or
(ii)is no longer held by R;
(c)an account R holds with a credit card provider, as specified in regulation 3(1)(d) or (e), has been—
(i)opened, or
(ii)closed;
(d)a credit card R holds in relation to any account specified in regulation 3(1)(d) or (e)—
(i)has been obtained by R, or
(ii)is no longer held by R;
(e)any information previously notified by R under regulation 3(1) has—
(i)altered, or
(ii)become inaccurate or incomplete