SCHEDULE 3Application and modification of legislation

PART 1Application and modification of the 2000 Act

Restriction on disclosure of information6

Sections 348 (restrictions on disclosure of confidential information by F1FCA, PRA etc), 349 (exceptions from section 348)F2... and 352M1 (offences) of the 2000 Act apply with the following modifications—

a

in section 348—

F3i

in subsection (2)(b) for the words from “, the PRA” to the end substitute “under the Electronic Money Regulations 2011; and

ii

in subsection (3)(a) for “this Act” substitute “ the Electronic Money Regulations 2011 ”;

iii

in subsection (5)—

aa

for “this Part”, substitute “ the Electronic Money Regulations 2011 ”;

bb

omit paragraphs F4(aa) and (c);

cc

in paragraph (e) for “a person mentioned in paragraphs (a) to (c)” substitute “F5the FCA”;

F6dd

in paragraph (ea) for “a person mentioned in those paragraphs” substitute “the FCA”;

ee

in paragraph (f) for “a person mentioned in those paragraphs” substitute “the FCA

F7iv

in subsection (6) for paragraphs (a) and (b) substitute “any body or person appointed under regulation 48 of the Electronic Money Regulations 2011”; and

F8b

in section 349—

i

in subsection (2)(c) omit “or the PRA”;

ii

omit F9subsection (3A).