Article 8
SCHEDULE
1.—(1) The Treasury may, in writing, request a person to provide information or produce documentation to them which they may reasonably need for the purpose of ascertaining whether an offence has been committed under this Order.
(2) The request may be made by the Treasury or by a person authorised by the Treasury.
(3) Any person to whom a request is made under sub-paragraph (1) must comply with it within 14 days and in such manner as may be specified in the request.
2. A relevant institution must disclose to the Treasury information as soon as practicable if the conditions in paragraph 3 are satisfied.
3.—(1) The conditions are that—
(a)the relevant institution knows or suspects, or has grounds for knowing or suspecting, that a specified person—
(i)is or has been a customer of the institution at any time since this Order came into force, or
(ii)is a person with whom it has dealings in the course of its business or has had such dealings at any time since this Order came into force;
(b)the information—
(i)on which the knowledge or suspicion of the relevant institution required to disclose is based, or
(ii)which gives grounds for the knowledge or suspicion,
came to the relevant institution in the course of a business in the regulated sector.
(2) For the purpose of this paragraph, Schedule 3A to the Terrorism Act 2000(1) is to have effect for the purpose of determining what is a business in the regulated sector.
4. Disclosure of information in accordance with this Schedule is not to be taken to breach any restrictions on the disclosure of information (however imposed).
5.—(1) This Schedule does not require any person to provide information or produce documentation which is privileged.
(2) Information and documentation is privileged if the person asked to provide or produce it would be entitled to refuse to do so on grounds of legal professional privilege in proceedings in the High Court or (in Scotland) on grounds of confidentiality of communications in proceedings in the Court of Session.
(3) But information or documentation held with the intention of furthering a criminal purpose is not privileged.
6. A person (“P”) who—
(a)fails without reasonable excuse to provide information, or to produce a document, in response to a requirement in this Schedule;
(b)provides information, or produces a document, which P knows is false in a material particular in response to a requirement in this Schedule;
(c)recklessly provides information, or produces a document, which is false in a material particular in response to a requirement in this Schedule;
(d)fails without reasonable excuse to disclose information as required under paragraph 2,
is guilty of an offence.
7.—(1) The Treasury may disclose any information given or documentation produced under this Order (including any copy or extract made of any such document)—
(a)to a police officer;
(b)to any person holding or acting in any office under or in the service of—
(i)the Crown in right of the Government of the United Kingdom,
(ii)the Crown in right of the Scottish Government, the Northern Ireland Executive or the Welsh Government,
(iii)the States of Jersey, Guernsey or Alderney or the Chief Pleas of Sark,
(iv)the Government of the Isle of Man, or
(v)the Government of any British overseas territory;
(c)to any law officer of the Crown for Jersey, Guernsey or the Isle of Man;
(d)to the Scottish Legal Aid Board;
(e)to the Financial Conduct Authority, the Prudential Regulation Authority, the Bank of England, the Jersey Financial Services Commission, the Guernsey Financial Services Commission, the Isle of Man Insurance and Pensions Authority or the Isle of Man Financial Supervision Commission;
(f)to any other regulatory body;
(g)with a view to instituting, or otherwise for the purpose of, any proceedings—
(i)in the United Kingdom, for an offence under this Order, or
(ii)in any of the Channel Islands, the Isle of Man or any British overseas territory, for an offence under a similar provision in any such jurisdiction.
(2) The Treasury may disclose any information obtained by them pursuant to this Order to any person with the consent of a person who, in their own right, is entitled to the information or to possession of the document, copy or extract.
(3) In sub-paragraph (2) “in their own right” means not merely in the capacity as a servant or agent of another person.
8. Where a person is convicted of an offence under paragraph 6 of this Schedule the court may make an order requiring that person, within such period as may be specified in the order, to give the requested information or to produce the requested document.