Disclosure for the purposes of the Bank’s functionsU.K.
2(1)Paragraph 1 does not preclude the disclosure of information in any case in which disclosure is for the purpose of enabling or assisting the Bank to discharge—U.K.
(a)its functions as a monetary authority,
(b)its functions as a supervisor of systems for the transfer of funds between credit institutions and their customers, or
(c)its functions under Schedule 2.
[F1(2)“Credit institution” means an undertaking whose business is to receive deposits or other repayable funds from the public and to grant credits for its own account.]
Textual Amendments
F1Sch. 7 para. 2(2) substituted (1.12.2001) by S.I. 2001/3649, arts. 1, 164(2)