I. – An institution to which an application to open a Livret A passbook account has been made by a person referred to in article L. 221-3 shall remind the applicant that he or she may hold only one Livret A passbook account and of the penalties provided for inarticle 1739 A of the General Tax Code for failure to comply with this obligation.
II. – The contract to open a Livret A passbook account provided for in article R. 221-1 sets out the same requirements and the penalties incurred if they are not met. It also informs the customer of the procedures for carrying out the verification procedure provided for in article L. 221-38.
III. – The stipulations that must be included in the Livret A account opening contract and the information that may be requested from the customer are specified by order of the ministers responsible for the economy and the budget.