5(1)Paragraph 1 above applies also to information which—
(a)has been supplied to the Secretary of State for the purposes of any relevant functions by a supervisory authority in a member State other than the United Kingdom; or
(b)has been obtained for those purposes by the Secretary of State, or by a person acting on his behalf, in another member State.
(2)Subject to sub-paragraphs (3) and (4) below, information supplied or obtained as mentionedin sub-paragraph (1)(a) or (b) above shall not be disclosed except as provided by paragraph 1 above or—
(a)for the purpose of enabling or assisting the Secretary of State to discharge any relevant functions; or
(b)with a view to the institution of, or otherwise for the purposes of, criminal proceedings, whether under this Act or otherwise.
(3)Information supplied as mentioned in sub-paragraph (1)(a) above may be disclosed—
(a)to a relevant recipient, if the supervisory authority which supplied the information consents to its disclosure and the case is one in which information to which paragraph 1 above applies could be so disclosed by virtue of paragraph 3(1) above; or
(b)to the Treasury or the Secretary of State, if that authority consents to its disclosure and the case is one in which information to which paragraph 1 above applies could be so disclosed by virtue of paragraph 3(3) above.
(4)Information obtained as mentioned in sub-paragraph (1)(b) above may be disclosed—
(a)to a relevant recipient, if the supervisory authority in the member State concerned consents to its disclosure and the case is one in which information to which paragraph 1 above applies could be so disclosed by virtue of paragraph 3(1) above; or
(b)to the Treasury or the Secretary of State, if that authority consents to its disclosure and the case is one in which information to which paragraph 1 above applies could be so disclosed by virtue of paragraph 3(3) above.
(5)In this paragraph—
“relevant functions", in relation to the Secretary of State, means his functions under this Act;
“relevant recipient" means a person specified in any of entries 1 to 7, 12, 13 and 17 in the Table in paragraph 3(1) above.