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Changes over time for: Section 353


Timeline of Changes
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Version Superseded: 30/09/2020
Status:
Point in time view as at 12/03/2019. This version of this provision has been superseded.

Status
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Changes to legislation:
Financial Services and Markets Act 2000, Section 353 is up to date with all changes known to be in force on or before 07 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.

Changes to Legislation
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353 Removal of other restrictions on disclosure.U.K.
This section has no associated Explanatory Notes
(1)The Treasury may make regulations permitting the disclosure of any information, or of information of a prescribed kind—
(a)by prescribed persons for the purpose of assisting or enabling them to discharge prescribed functions under this Act or any rules or regulations made under it;
(b)by prescribed persons, or persons of a prescribed description, to the [FCA or the PRA] for the purpose of assisting or enabling the [either of them] to discharge prescribed functions.
(c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2)Regulations under this section may not make any provision in relation to the disclosure of confidential information by primary recipients or by any person obtaining confidential information directly or indirectly from a primary recipient.
(3)If a person discloses any information as permitted by regulations under this section the disclosure is not to be taken as a contravention of any duty to which he is subject.
Textual Amendments
Modifications etc. (not altering text)
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