SCHEDULES
SCHEDULE 6 Financial Information
Orders
1
1
Where an order has been made under this paragraph in relation to a terrorist investigation, a constable F3or counter-terrorism financial investigator named in the order may require a financial institution F1to which the order appliesto provide customer information for the purposes of the investigation.
F21A
The order may provide that it applies to—
a
all financial institutions,
b
a particular description, or particular descriptions, of financial institutions, or
c
a particular financial institution or particular financial institutions.
2
The information shall be provided—
a
in such manner and within such time as the constable F4or counter-terrorism financial investigator may specify, and
b
notwithstanding any restriction on the disclosure of information imposed by statute or otherwise.
3
An institution which fails to comply with a requirement under this paragraph shall be guilty of an offence.
4
It is a defence for an institution charged with an offence under sub-paragraph (3) to prove—
a
that the information required was not in the institution’s possession, or
b
that it was not reasonably practicable for the institution to comply with the requirement.
5
An institution guilty of an offence under sub-paragraph (3) shall be liable on summary conviction to a fine not exceeding level 5 on the standard scale.