Part III Terrorist Property
Offences
21EF2Disclosures within an undertaking or group etc
1
An employee, officer or partner of an undertaking does not commit an offence under section 21D if the disclosure is to an employee, officer or partner of the same undertaking.
2
A person does not commit an offence under section 21D in respect of a disclosure by a credit institution or a financial institution if—
a
the disclosure is to a credit institution or a financial institution,
b
the institution to whom the disclosure is made is situated in F3the United Kingdom or an EEA state or in a country or territory imposing equivalent money laundering requirements, and
c
both the institution making the disclosure and the institution to whom it is made belong to the same group.
3
In subsection (2) “ group ” has the same meaning as in Directive 2002/87/EC of the European Parliament and of the Council of 16 th December 2002 F1 on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate.
4
A professional legal adviser or a relevant professional adviser does not commit an offence under section 21D if—
a
the disclosure is to a professional legal adviser or a relevant professional adviser,
b
both the person making the disclosure and the person to whom it is made carry on business in F4the United Kingdom or an EEA state or in a country or territory imposing equivalent money laundering requirements, and
c
those persons perform their professional activities within different undertakings that share common ownership, management or control.