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IBC Regulations

Regulations 20. Acceptance and receipt of information.—

(1) An information utility shall accept information submitted by a user in Form C of the Schedule.

(2) On receipt of the information submitted under sub-regulation (1), the information utility shall-

  • (a) assign a unique identifier to the information, including records of debt;
  • (b) acknowledge its receipt, and notify the user of-
    • (i) the unique identifier of the information;
    • (ii) the terms and conditions of authentication and verification of information; and
    • (iii) the manner in which the information may be accessed by other parties.

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