342Information given by auditor or actuary to the Authority
(1)This section applies to a person who is, or has been, an auditor of an authorised person appointed under or as a result of a statutory provision.
(2)This section also applies to a person who is, or has been, an actuary acting for an authorised person and appointed under or as a result of a statutory provision.
(3)An auditor or actuary does not contravene any duty to which he is subject merely because he gives to the Authority—
(a)information on a matter of which he has, or had, become aware in his capacity as auditor of, or actuary acting for, the authorised person, or
(b)his opinion on such a matter,
if he is acting in good faith and he reasonably believes that the information or opinion is relevant to any functions of the Authority.
(4)Subsection (3) applies whether or not the auditor or actuary is responding to a request from the Authority.
(5)The Treasury may make regulations prescribing circumstances in which an auditor or actuary must communicate matters to the Authority as mentioned in subsection (3).
(6)It is the duty of an auditor or actuary to whom any such regulations apply to communicate a matter to the Authority in the circumstances prescribed by the regulations.
(7)The matters to be communicated to the Authority in accordance with the regulations may include matters relating to persons other than the authorised person concerned.