Restrictions on the disclosure of informationN.I.
5.—(1) The PPF Ombudsman must not disclose any information which he obtains for the purposes of an investigation under Article 192 or 193 unless –
(a)the disclosure is to a person specified in paragraph (2), and
(b)the PPF Ombudsman considers that disclosure would enable or assist that person to discharge that person’s functions.
(2) The persons specified in this paragraph are –
(a)the Board;
(b)the Regulator;
(c)the Pensions Compensation Board(1);
(d)the Pensions Ombudsman(2);
(e)the Financial Services Authority(3);
(f)any government department;
(g)a person appointed under –
(i)section 167 of the Financial Services Act (appointment of persons to carry out general investigations);
(ii)section 168(3) or (5) of that Act (appointment of persons to carry out investigations in particular cases), or
(iii)section 284 of that Act (power to investigate),
to conduct an investigation;
(h)an inspector appointed under Part XV of the Companies Order or under Part XIV of the Companies Act 1985(4);
(i)a body designated under section 326(1) of the Financial Services Act (designation of professional bodies), and
(j)a recognised investment exchange or recognised clearing house (as defined by section 285 of that Act) (exemption for recognised investment exchanges and clearing houses).
Commencement Information
I1Art. 5 in operation at 6.4.2005, see art. 1(1)
See section 78(1) of the Pensions Act 1995 (c. 26) which establishes the Pensions Compensation Board
See section 145 of the Pension Schemes Act 1993 (c. 48) which establishes the Pensions Ombudsman
See section 1(1) of the Financial Services and Markets Act 2000 which establishes the Financial Services Authority