Search Legislation

Companies Act 2006

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: PART 3

 Help about opening options

Alternative versions:

Status:

Point in time view as at 08/04/2020.

Changes to legislation:

Companies Act 2006, PART 3 is up to date with all changes known to be in force on or before 09 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. Help about Changes to Legislation

[F1PART 3U.K.OVERSEAS REGULATORY BODIES

Textual Amendments

1(1)A disclosure is made in accordance with this Part of this Schedule if—U.K.

(a)it is made to a person or body exercising relevant functions under legislation in a country or territory outside the British Islands, and

(b)it is made for the purpose of enabling or assisting that person or body to exercise those functions.

(2)Relevant functions” for this purpose are functions of a public nature that appear to the Panel to be similar to its own functions or those of the [F2Financial Conduct Authority or the Prudential Regulation Authority or similar to the regulatory functions of the Bank of England].

Textual Amendments

F2Words in Sch. 2 Pt. 3 para. 1 substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 123(4) (with Sch. 20); S.I. 2013/423, art. 3, Sch.

2U.K.In determining whether to disclose information to a person or body in accordance with this Part of this Schedule, the Panel must have regard to the following considerations—

(a)whether the use that the person or body is likely to make of the information is sufficiently important to justify making the disclosure;

(b)whether the person or body has adequate arrangements to prevent the information from being used or further disclosed, otherwise than—

(i)for the purposes of carrying out the functions mentioned in paragraph 1(1)(a), or

(ii)for other purposes substantially similar to those for which information disclosed to the Panel could be used or further disclosed.]

Back to top

Options/Help