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SCHEDULE 9AMENDMENTS OF FINANCIAL SERVICES ACT

Restrictions on disclosure of information

40.  Section 179 of the Act(1) (restrictions on disclosure of information) shall have effect as if the reference in subsection (2) to functions under the Act included a reference to functions under these Regulations.

41.  Section 180 of the Act(2) (exceptions from restriction on disclosure of information) shall have effect as if—

(a)the reference in paragraph (g) of subsection (1) to functions under the Banking Act included a reference to functions under these Regulations;

(b)the reference in that subsection to functions under the Building Societies Act included a reference to functions under these Regulations; and

(c)the reference in that subsection to an authorised person included a reference to a European institution carrying on home-regulated investment business in the United Kingdom.

(1)

Section 179 has been amended by sections 75 and 212 of, and Schedule 24 to, the Companies Act 1989 (c. 40).

(2)

Section 180 has been amended by section 108 of, and paragraph 27(3) of Schedule 6 to, the Banking Act 1987 (c. 22) and by sections 75 and 212 of, and Schedule 24 to, the Companies Act 1989 (c. 40).