Acceptance of deposits requires depositor declaration that funds are not from borrowings before a company accepts or renews a deposit. Companies must not accept or renew any deposit unless the intending depositor submits an application containing a depositor declaration that the amount is not from funds acquired by borrowing or by accepting deposits from others. The application must be in the form supplied by the company and be accompanied by the company statement containing the particulars required by sub rule (2) of rule 4, incorporating any changes up to the date the form is issued.