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SCHEDULES

SCHEDULE 7U.K.Terrorist financing and money laundering

Part 5U.K.Enforcement: information powers

Powers of local enforcement officersU.K.

24(1)A local enforcement officer may only exercise powers under this Part of this Schedule pursuant to arrangements made with the [F1FCA]U.K.

(a)by or on behalf of the relevant local weights and measures authority, or

(b)by DETINI.

(2)Anything done or omitted to be done by, or in relation to, a local enforcement officer in the exercise or purported exercise of a power in this Part of this Schedule is treated for all purposes as if done or omitted to be done by, or in relation to, an officer of the OFT.

(3)Sub-paragraph (2) does not apply for the purposes of criminal proceedings brought against the local enforcement officer, the relevant local weights and measures authority, DETINI or the [F1FCA], in respect of anything done or omitted to be done by the officer.

(4)A local enforcement officer must not disclose to any person other than the [F1FCA] and the relevant local weights and measures authority or, as the case may be, DETINI information obtained by the officer in the exercise of powers under this Part of this Schedule unless—

(a)the officer has the approval of the [F1FCA] to do so, or

(b)the officer is under a duty to make the disclosure.

(5)In this paragraph “the relevant local weights and measures authority”, in relation to a local enforcement officer, means the authority of which the officer is an officer.

Textual Amendments

F1Word in Sch. 7 para. 24 substituted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), art. 1(2)(6), Sch. para. 15(2)(b)