Terrorism Act 2000

[F121FOther permitted disclosures between institutions etcU.K.

This section has no associated Explanatory Notes

(1)This section applies to a disclosure—

(a)by a credit institution to another credit institution,

(b)by a financial institution to another financial institution,

(c)by a professional legal adviser to another professional legal adviser, or

(d)by a relevant professional adviser of a particular kind to another relevant professional adviser of the same kind.

(2)A person does not commit an offence under section 21D in respect of a disclosure to which this section applies if—

(a)the disclosure relates to—

(i)a client or former client of the institution or adviser making the disclosure and the institution or adviser to whom it is made,

(ii)a transaction involving them both, or

(iii)the provision of a service involving them both;

(b)the disclosure is for the purpose only of preventing an offence under this Part of this Act;

(c)the institution or adviser to whom the disclosure is made is situated in [F2the United Kingdom or an EEA state] or in a country or territory imposing equivalent money laundering requirements; and

(d)the institution or adviser making the disclosure and the institution or adviser to whom it is made are subject to equivalent duties of professional confidentiality and the protection of personal data [F3(within the meaning of Parts 5 to 7 of the Data Protection Act 2018 (see section 3(2) and (14) of that Act)) ].]