25.—(1) Section 452 of the 1985 Act (privileged information) is amended as follows.
(2) In subsection (3)(1), 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.”.
Subsection (3) was amended by the Companies Act 1989 (c. 40), section 69(4), and by S.I. 1994/1696, Schedule 8, paragraph 9(4).