Part 15Accounts and reports
Chapter 11Revision of defective accounts and reports
Power of authorised person to require documents etc
462Power to amend categories of permitted disclosure
1
The Secretary of State may by order amend section 461(3), (4) and (5).
2
An order under this section must not—
a
amend subsection (3) of that section (UK public authorities) by specifying a person unless the person exercises functions of a public nature (whether or not he exercises any other function);
b
amend subsection (4) of that section (purposes for which disclosure permitted) by adding or modifying a description of disclosure unless the purpose for which the disclosure is permitted is likely to facilitate the exercise of a function of a public nature;
c
amend subsection (5) of that section (overseas regulatory authorities) so as to have the effect of permitting disclosures to be made to a body other than one that exercises functions of a public nature in a country or territory outside the United Kingdom.
3
An order under this section is subject to negative resolution procedure.