Part XI General and Miscellaneous Provisions
Information about schemes
C1154AF1 Other disclosures by the Department.
C21
The Department may, in spite of any obligation as to secrecy or confidentiality imposed by statute or otherwise on the Department or on persons employed in it, disclose F9any regulated information to any person specified in the first column of the following Table if it considers that the disclosure would enable or assist the person to discharge the functions specified in relation to the person in the second column of the Table.
Persons | Functions |
|---|---|
F2. . . | F2. . . |
The Bank of England. | F3Any of its functions . |
F4The Financial Services Authority | F5Functions under the legislation relating to friendly societies, under the Building Societies Act 1986, or under the Financial Services and Markets Act 2000. |
The Regulatory Authority. | Functions under this Act F10, the Pensions (Northern Ireland) Order 1995, the Welfare Reform and Pensions (Northern Ireland) Order 1999 or the Pensions (Northern Ireland) Order 2005 or any enactment in force in Great Britain corresponding to any of them. |
F11The Pensions Ombudsman. | Functions conferred by or by virtue of this Act or any enactment in force in Great Britain corresponding to it. |
The Board of the Pension Protection Fund. | Functions conferred by or by virtue of Part III of the Pensions (Northern Ireland) Order 2005 or any enactment in force in Great Britain corresponding to that Part. |
The Ombudsman for the Board of the Pension Protection Fund. | Functions conferred by or by virtue of Part III of the Pensions (Northern Ireland) Order 2005 or any enactment in force in Great Britain corresponding to that Part. |
F6A person appointed under— (a)section 167 of the Financial Services and Markets Act 2000 (b)subsection (3) or (5) of section 168 of that Act, or (c)section 284 of that Act,to conduct an investigation. | Functions in relation to that investigation. |
A body designated under section 326(1) of the Financial Services and Markets Act 2000. | Functions in its capacity as a body designated under that section. |
A recognised investment exchange or a recognised clearing house (as defined by section 285 of that Act). | Functions in its capacity as an exchange or clearing house recognised under that Act. |
F2. . . | F2. . . |
F2. . . | F2. . . |
F2. . . | F2. . . |
F2. . . | F2. . .. |
F2. . . | F2. . . |
F2. . . | F2. . . |
F81AA
In subsection (1) “regulated information” means information received by the Department in connection with its functions under—
a
this Act;
b
the Pensions (Northern Ireland) Order 1995, or
c
the Pensions (Northern Ireland) Order 2005 or the Pensions Act 2004,
other than information supplied to it under section 235(2) of, or paragraph 2 of Schedule 10 to, the Pensions Act 2004 (supply of information for retirement purposes etc.).
F71A
The Inland Revenue may, in spite of any obligation as to secrecy or confidentiality imposed by statute or otherwise on them or on their officers, disclose any information received by them in connection with their functions under Part III of this Act to any person specified in the first column of the Table in subsection (1) if they consider that the disclosure would enable or assist the person to discharge the functions specified in relation to the person in the second column of the Table.
2
The Department may by order—
a
amend the Table in subsection (1) by—
i
adding any person exercising regulatory functions and specifying functions in relation to that person,
ii
removing any person for the time being specified in the Table, or
iii
altering the functions for the time being specified in the Table in relation to any person, or
b
restrict the circumstances in which, or impose conditions subject to which, disclosure is permitted in the case of any person for the time being specified in the Table.