The regulations on the risk-based pricing notice required by Section 311 are required to cover at least the following:
"‘‘(i) the form, content, time, and manner of delivery of any notice under this subsection;
‘‘(ii) clarification of the meaning of terms used in this subsection, including what credit terms are material, and when credit terms are materially less favorable;
‘‘(iii) exceptions to the notice requirement under this subsection for classes of persons or transactions regarding which the agencies determine that notice would not significantly benefit consumers;
‘‘(iv) a model notice that may be used to comply with this subsection; and
‘‘(v) the timing of the notice required under paragraph (1), including the circumstances under which the notice must be provided after the terms offered to the consumer were set based on information from a consumer report.