Part VIII Miscellaneous and Supplemental
Government borrowing etc.
137 National Savings Bank: disclosure of information.
The following shall be inserted after section 12(2) of the M1National Savings Bank Act 1971 (secrecy)—
2A
Subsection (1) above shall not prevent the disclosure, by a person authorised by the Director of Savings, of information to any person for a permitted purpose.
2B
A permitted purpose is a purpose connected with the provision of information about—
a
the business of the National Savings Bank;
b
any other means by which money is raised under the auspices of, by or through the Director of Savings.
2C
A person to whom information is disclosed in pursuance of subsection (2A) above shall not—
a
use the information for a purpose other than a permitted purpose;
b
disclose the information to any other person.