[F1154A Other disclosures by the Department.N.I.
(1)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 [F2any 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.
TABLE
| Persons | Functions |
|---|---|
| F3. . . | F3. . . |
| The Bank of England. | [F4Any of its functions [F5, apart from its functions as the Prudential Regulation Authority].] |
| [F6The [F7Financial Conduct Authority or the Prudential Regulation Authority]] | [F8Functions 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 [F9, 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.] |
| [F10The 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.] |
[F11A 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 [F12, recognised clearing houseF13..., third country central counterparty, recognised CSD F14... or third country CSD] (as defined by section 285 of that Act). | Functions in its capacity as an exchange [F15, clearing house] [F16, central securities depository or central counterparty].] |
| F3. . . | F3. . . |
| F3. . . | F3. . . |
| F3. . . | F3. . . |
| F3. . . | F3. . .. |
| F3. . . | F3. . . |
| F3. . . | F3. . . |
[F17(1AA)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.).]
[F18(1A)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.]
Textual Amendments
F1S. 154A inserted (6.4.1996) by S.I. 1995/3213 (NI 22), art. 165, Sch. 4 para. 9; S.R. 1996/91, art. 2(c), Sch. Pt. III
F2Words in s. 154A(1) substituted (6.4.2005) by The Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1), art. 1(2), Sch. 10 para. 21(2); S.R. 2005/48, art. 2(7), Sch. Pt. 7 (with art. 5(2))
F3Entries in the Table in s. 154A(1) repealed (1.12.2001) by S.I. 2001/3649, arts. 1, 136(2)
F4Words in the Table to s. 154A(1) substituted (1.6.1998) by 1998 c. 11, s. 23, Sch. 5 Pt. IV Chapter II para. 70(3); S.I. 1998/1120, art. 2
F5Words in s. 154A(1) inserted (1.3.2017) by The Bank of England and Financial Services (Consequential Amendments) Regulations 2017 (S.I. 2017/80), reg. 1, Sch. para. 9(b)(i)
F6Entry in the Table to s. 154A(1) inserted (1.6.1998) by 1998 c. 11, s. 23, Sch. 5 Pt. IV Chapter II para. 70(3); S.I. 1998/1120, art. 2
F7Words in s. 154A(1) substituted (1.3.2017) by The Bank of England and Financial Services (Consequential Amendments) Regulations 2017 (S.I. 2017/80), reg. 1, Sch. para. 9(b)(ii)
F8Words in the Table in s. 154A(1) substituted (1.12.2001) by S.I. 2001/3649, arts. 1, 136(3)
F9Words in s. 154A(1) substituted (6.4.2005) by The Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1), art. 1(2), Sch. 10 para. 21(3)(a); S.R. 2005/48, art. 2(7), Sch. Pt. 7 (with art. 5(2))
F10Words in s. 154A(1) substituted (6.4.2005) by The Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1), art. 1(2), Sch. 10 para. 21(3)(b); S.R. 2005/48, art. 2(7), Sch. Pt. 7 (with art. 5(2))
F11Entries in the Table in s. 154A(1) inserted (1.12.2001) by S.I. 2001/3649, arts. 1, 136(4)
F12Words in s. 154A(1) substituted (28.11.2017) by The Central Securities Depositories Regulations 2017 (S.I. 2017/1064), reg. 1, Sch. para. 8(3)(a) (with regs. 7(4), 9(1))
F13Words in s. 154A(1) omitted (31.12.2020) by virtue of The Occupational and Personal Pension Schemes (Amendment etc.) (Northern Ireland) (EU Exit) Regulations 2019 (S.I. 2019/193), regs. 1, 2(5)(a); 2020 c. 1, Sch. 5 para. 1(1)
F14Words in s. 154A(1) omitted (31.12.2020) by virtue of The Occupational and Personal Pension Schemes (Amendment etc.) (Northern Ireland) (EU Exit) Regulations 2019 (S.I. 2019/193), regs. 1, 2(5)(a); 2020 c. 1, Sch. 5 para. 1(1)
F15Words in s. 154A(1) substituted (28.11.2017) by The Central Securities Depositories Regulations 2017 (S.I. 2017/1064), reg. 1, Sch. para. 8(3)(b)(i) (with regs. 7(4), 9(1))
F16Words in s. 154A(1) substituted (31.12.2020) by The Occupational and Personal Pension Schemes (Amendment etc.) (Northern Ireland) (EU Exit) Regulations 2019 (S.I. 2019/193), regs. 1, 2(5)(b); 2020 c. 1, Sch. 5 para. 1(1)
F17S. 154A(1AA) inserted (6.4.2005) by The Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1), art. 1(2), Sch. 10 para. 21(4); S.R. 2005/48, art. 2(7), Sch. Pt. 7 (with art. 5(2))
F18S. 154A(1A) inserted (1.4.1999) by S.I. 1999/671, art. 1(3), Sch. 5 para. 8; S.R. 1999/149, art. 2(c), Sch. 2
Modifications etc. (not altering text)
C1S. 154A amended (temp.) (3.9.2001) by S.I. 2001/2966, art. 11
C2S. 154A(1) modified (temp.) (24.2.2005) by The Pensions (2005 Order) (Commencement No. 1 and Consequential and Transitional Provisions) Order (Northern Ireland) 2005 (S.R. 2005/48), art. 5(2)