25Security of information obtained for official purposes; privilege from disclosure
In the [1992 c. 50.] Insurance Companies Act 1982, after section 47 the following sections are inserted—
“47ASecurity of information.
(1)No information or document relating to a body which has been obtained under section 44(2) to (4) above shall, without the previous consent in writing of that body, be published or disclosed, except to a competent authority, unless the publication or disclosure is required for any of the purposes specified in section 449(1)(a) to (e) of the Companies Act.
(2)The competent authorities for the purposes of this section are the same as those specified in section 449 of that Act.
(3)This section does not extend to Northern Ireland.
47BPrivilege from disclosure.
(1)A requirement imposed under section 44(2) to (4) above shall not compel the production by any person of a document which he would in an action in the High Court or, in Scotland, in the Court of Session be entitled to refuse to produce on grounds of legal professional privilege or authorise the taking of possession of any such document which is in his possession.
(2)This section does not extend to Northern Ireland.”