Modifications etc. (not altering text)
C1Pt. 1 applied in part (with modifications) (20.7.2005 for specified purposes, 1.9.2005 for specified purposes, 5.12.2005 for specified purposes) by The Financial Assistance Scheme Regulations 2005 (S.I. 2005/1986), regs. 1(1), 4, Sch. 1 Pt. 1 (as amended (17.7.2008) by The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2008 (S.I. 2008/1903), regs. 1, 5(2), 13, (10.7.2009) by The Financial Assistance Scheme (Miscellaneous Provisions) Regulations 2009 (S.I. 2009/1851), regs. 1, 5, 18)
(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.
(2)Subsection (1) is subject to—
(a)subsection (3), and
(b)sections 71(9), 83 to 88 and 235.
(3)Subject to section [F188(5)], 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 [F2, or imprisonment for a term not exceeding 12 months, or both];
(b)on conviction on indictment, to a fine or imprisonment for a term not exceeding two years, or both.
[F3(6)In relation to an offence under subsection (5) committed before the commencement of section 282 of the Criminal Justice Act 2003 (short sentences) the reference in subsection (5)(a) to 12 months has effect as if it were a reference to six months.
(7)Subsection (6) does not extend to Scotland.]
Textual Amendments
F1Word in s. 82(3) substituted (26.1.2009) by Pensions Act 2008 (c. 30), ss. 62(2), 149(1); S.I. 2009/82, art. 2(1)(a)
F2Words in s. 82(5)(a) inserted (26.1.2009) by Pensions Act 2008 (c. 30), ss. 64(1), 149(1); S.I. 2009/82, art. 2(1)(a)
F3S. 82(6)(7) inserted (26.1.2009) by Pensions Act 2008 (c. 30), ss. 64(2), 149(1); S.I. 2009/82, art. 2(1)(a)
Modifications etc. (not altering text)
C2S. 82(2) modified (6.4.2005) by The Register of Occupational and Personal Pension Schemes Regulations 2005 (S.I. 2005/597), regs. 1(1), 5(3)
Commencement Information
I1S. 82 in force at 6.4.2005 by S.I. 2005/275, art. 2(7), Sch. Pt. 7