Part X Rules and Guidance

Chapter I Rule-making Powers

Specific rules

147 Control of information rules.

1

The Authority may make rules (“control of information rules”) about the disclosure and use of information held by an authorised person (“A”).

2

Control of information rules may—

a

require the withholding of information which A would otherwise have to disclose to a person (“B”) for or with whom A does business in the course of carrying on any regulated or other activity;

b

specify circumstances in which A may withhold information which he would otherwise have to disclose to B;

c

require A not to use for the benefit of B information A holds which A would otherwise have to use in that way;

d

specify circumstances in which A may decide not to use for the benefit of B information A holds which A would otherwise have to use in that way.