Part 5Miscellaneous
Chapter 2Provision of investigative assistance to overseas regulators
323Notifications in respect of requests for investigative assistance
(1)
R must notify the Secretary of State that R has received a request for assistance from O where—
(a)
R considers that it would be appropriate for R to assist O, and
(b)
the Secretary of State has not given R a general authorisation to provide O with the assistance requested (see section 322(2)(b)).
(2)
But subsection (1) does not apply where O’s request is made under or in accordance with a qualifying cooperation arrangement.
(3)
R must notify O as to whether R will be providing the assistance requested and, where relevant, of any conditions imposed on that assistance (see section 322(6)).