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Financial Services and Markets Act 2023

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Changes over time for: Paragraph 129

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Point in time view as at 31/12/2024.

Changes to legislation:

There are currently no known outstanding effects for the Financial Services and Markets Act 2023, Paragraph 129. Help about Changes to Legislation

Protected itemsU.K.

This section has no associated Explanatory Notes

129(1)A person may not be required under this Schedule to produce, disclose or permit the inspection of protected items.

(2)Protected items” means—

(a)communications between a professional legal adviser and that adviser’s client or any person representing such a client which fall within sub-paragraph (3),

(b)communications between a professional legal adviser, that adviser’s client or any person representing such a client and any other person which fall within sub-paragraph (3) (as a result of paragraph (b) of that sub-paragraph), and

(c)items which—

(i)are enclosed with, or referred to in, such communications,

(ii)fall within sub-paragraph (3), and

(iii)are in the possession of a person entitled to be in possession of them.

(3)A communication or item falls within this sub-paragraph if it is made—

(a)in connection with the giving of legal advice to the client, or

(b)in connection with, or in contemplation of, legal proceedings and for the purposes of those proceedings.

(4)A communication or item is not a protected item if it is held with the intention of furthering a criminal purpose.

Commencement Information

I1Sch. 11 para. 129 not in force at Royal Assent, see s. 86(3)

I2Sch. 11 para. 129 in force at 31.12.2023 by S.I. 2023/1382, reg. 8(b)

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