The Banking Coordination (Second Council Directive) Regulations 1992

Other permitted disclosures

40.—(1) In subsection (1) of section 85 of the Banking Act(1) (other permitted disclosures), paragraph (g) shall be omitted.

(2) After that subsection there shall be inserted the following subsection—

(1A) The disclosures permitted by subsection (1)(f) above do not include the disclosure of information relating to a person who (not being a director, controller or manager of the institution) is or has been, to the knowledge of the person making the disclosure, involved in an attempt to secure the survival of the institution as a going concern.