Part 1The Pensions Regulator
Disclosure of information
I182Restricted information
1
Restricted information must not be disclosed—
a
by the Regulator, or
b
by any person who receives the information directly or indirectly from the Regulator.
C12
Subsection (1) is subject to—
a
subsection (3), and
b
sections 71(9), 83 to 88 and 235.
3
Subject to section 88(4), restricted information may be disclosed with the consent of the person to whom it relates and (if different) the person from whom the Regulator obtained it.
4
For the purposes of this section and sections 83 to 87, “restricted information” means any information obtained by the Regulator in the exercise of its functions which relates to the business or other affairs of any person, except for information—
a
which at the time of the disclosure is or has already been made available to the public from other sources, or
b
which is in the form of a summary or collection of information so framed as not to enable information relating to any particular person to be ascertained from it.
5
Any person who discloses information in contravention of this section is guilty of an offence and liable—
a
on summary conviction, to a fine not exceeding the statutory maximum;
b
on conviction on indictment, to a fine or imprisonment for a term not exceeding two years, or both.