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24. Sections 348 (restrictions on disclosure of confidential information) FCA, PRA etc), 349 (exceptions from section 348) and 352 (offences) of the Act apply with respect to information received under these Regulations or under the Act as applied by these Regulations, and have effect for those purposes with the following modifications—
(a)a reference to the Act includes a reference to these Regulations and to the Act as applied by these Regulations;
(b)in section 348—
(i)in subsection (2) the reference to this Part of the Act (public record, disclosure of information and co-operation) is a reference to sections 348, 349 and 352 as applied by these Regulations;
(ii)in subsection (6)(b) the reference to Part 11 of the Act is a reference to that Part as applied by these Regulations; and
(c)section 352 is to be read as if—
(i)in subsection (1) “or 350(5)” were omitted;
(ii)subsection (4) were omitted;
(iii)in subsection (5) “or (4)” were omitted; and
(iv)in subsection (6)(a) “or that it had been disclosed in accordance with section 350” were omitted.
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