PART 2Provision of credit information about small and medium sized businesses by banks and credit reference agencies
Right of action for failure to provide information8
A failure by a designated bank to comply with an obligation arising under regulation 3, or by a designated credit reference agency to comply with regulation 6, is actionable at the suit of a person who suffers loss as a result of such failure, subject to the defences and other incidents applying to actions for breach of statutory duty.