Part 2The regulator and its functions

Supplementary and general

27Cooperation and information sharing

(1)

Schedule 3—

(a)

imposes duties of cooperation on the regulator and other persons, and

(b)

confers powers to share information on the regulator and other persons.

(2)

Except as provided by subsection (3), the disclosure of information under Schedule 3 does not breach—

(a)

any obligation of confidence owed by the person making the disclosure, or

(b)

any other restriction on the disclosure of information (however imposed).

(3)

Schedule 3 does not authorise a disclosure of information if the disclosure would contravene the data protection legislation (but in determining whether a disclosure would do so, take into account the powers conferred by the Schedule).