14

In this Schedule, “data protection obligations”, in relation to a credit reference agency, a credit institution or a financial institution, means—

a

where the agency or institution carries on business in the United Kingdom, obligations under the data protection legislation (as defined in section 3 of the Data Protection Act 2018);

b

where the agency or institution carries on business in a EEA State other than the United Kingdom, obligations under—

i

the GDPR (as defined in section 3(10) of the Data Protection Act 2018),

ii

legislation made in exercise of powers conferred on member States under the GDPR (as so defined), and

iii

legislation implementing the Law Enforcement Directive (as defined in section 3(12) of the Data Protection Act 2018).