PART IIIDISCLOSURE OF INFORMATION OBTAINED UNDER COMPANIES LEGISLATION
Information to which this Part appliesI15
1
This Part applies to information disclosed after commencement to the Bank—
a
under subsection (1) of section 449 of the Companies Act 19854, or
b
under paragraph (1) of Article 442 of the Companies (Northern Ireland) Order 19865,
in its capacity as a competent authority under section 449(3) of that Act or Article 442(3) of that Order (as the case may be) (“companies information”).
2
Subject to paragraphs (3) and (4), companies information may be disclosed in accordance with section 349 of the Act and the Disclosure Regulations as if—
a
it were confidential information within the meaning of section 348(2) of the Act; and
b
the Bank were a primary recipient of the information.
3
The Bank may disclose companies information in accordance with Part IV of the Disclosure Regulations only with F1the consent of the Secretary of State.
4
A person other than the Bank must not disclose such information under paragraph (2) except with the consent of F2the Secretary of State.