PART 2 U.K.Provision of credit information about small and medium sized businesses by banks and credit reference agencies

Designated credit reference agencies to provide information to the Bank of EnglandU.K.

7.—(1) A designated credit reference agency must provide information received under regulation 3 or by virtue of regulation 6 to the Bank of England on request.

(2) The Bank of England must provide information received from a designated credit reference agency pursuant to paragraph (1) to the Treasury on request, but such information must be so framed that it is not possible to ascertain from it information relating to a particular small or medium sized business.

(3) The Bank of England may otherwise provide information received from a designated credit reference agency pursuant to paragraph (1) only where such disclosure is—

F1(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(b)to any F2... person where—

(i)such information has already lawfully been made available to the public;

(ii)such information is in the form of a summary or collection of information so framed that it is not possible to ascertain from it information relating to a particular person;

(iii)the person to whom the information relates has provided consent for such disclosure;

(iv)such disclosure is for the purposes of any criminal investigation or criminal proceedings whether in the United Kingdom or elsewhere; [F3or]

(v)such disclosure is for the institution of, or otherwise for the purposes of, any proceedings arising by virtue of these Regulations or under the 2000 Act or any proceedings to which the Bank of England is, or is proposed to be, a party; F4...

F4(vi). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments