PART 2AMENDMENTS TO THE COMPANIES LEGISLATION

Companies Act 1985 (c. 6)

Production of documents subject to customer confidentiality25

1

Section 452 of the 1985 Act (privileged information) is amended as follows.

2

In subsection (3)31, for the words from “or the customer is a person on whom a requirement has been imposed under that section,” to the end of that subsection, substitute

or the customer is—

a

a person on whom a requirement has been imposed under that section, or

b

a person on whom a requirement to produce information or documents has been imposed by the Secretary of State, or by a person appointed by the Secretary of State to conduct an investigation, under section 171 or 173 of the Financial Services and Markets Act 2000.