18. After subsection (7) of section 64 of the 1992 Act (exceptions from restrictions on disclosure) insert–
“(7A) In the case of restricted information which relates to the business or other affairs of a friendly society to which section 37(2) or (3) above applies, no disclosure may be made by virtue of subsection (1), (3), (4) or (7) above unless the disclosure appears to be in accordance with–
(a)Article 16 of the third general insurance Directive; or
(b)Article 15 of the third life Directive.”.