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Bank of England Act 1998
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3(1)Paragraph 1 does not preclude the disclosure by the Bank of information to any authority specified in the first column of the following Table if the Bank considers that the disclosure would enable or assist that authority to discharge any of the functions specified in relation to it in the second column of that Table.
Table
| Authority | Functions |
|---|---|
| The Treasury. | Functions under the [1982 c. 50.] Insurance Companies Act 1982 or the [1986 c. 60.] Financial Services Act 1986. |
| An inspector appointed under Part XIV of the [1985 c. 6.] Companies Act 1985, section 94 or 177 of the Financial Services Act 1986 or Part XV of the [S.I. 1986/1032 (N.I. 6).] Companies (Northern Ireland) Order 1986. | Functions under that Part or section. |
| A person authorised to exercise powers or appointed under section 43A or 44 of the Insurance Companies Act 1982, section 447 of the Companies Act 1985, section 106 of the Financial Services Act 1986, article 440 of the Companies (Northern Ireland) Order 1986 or section 84 of the [1989 c. 40.] Companies Act 1989. | Functions under that section or article. |
| A designated agency within the meaning of the Financial Services Act 1986. | Functions under that Act or Part VII of the Companies Act 1989. |
| The Financial Services Authority. | Functions under the Financial Services Act 1986 (other than as a designated agency within the meaning of that Act), the [1987 c. 22.] Banking Act 1987 or section 171 of the Companies Act 1989. |
| The Office for National Statistics. | Functions under the [1947 c. 39.] Statistics of Trade Act 1947. |
| The Friendly Societies Commission. | Functions under the enactments relating to friendly societies or under the [1986 c. 60.] Financial Services Act 1986. |
| The Building Societies Commission. | Functions under the [1986 c. 53.] Building Societies Act 1986 and protecting the interests of the shareholders and depositors of building societies. |
| The Occupational Pensions Regulatory Authority. | Functions under the [1993 c. 48.] Pension Schemes Act 1993 or the [1995 c. 26.] Pensions Act 1995 or any enactment in force in Northern Ireland corresponding to either of them. |
(2)The Treasury may by order amend the Table in sub-paragraph (1) by—
(a)adding any public or other authority and specifying functions in relation to it,
(b)removing any authority for the time being specified in the Table, or
(c)altering the functions for the time being specified in the Table in relation to any authority.
(3)The Treasury may by order restrict the circumstances in which, or impose conditions subject to which, disclosure is permitted in the case of any authority for the time being specified in the Table.
(4)Before making an order under this paragraph, the Treasury shall consult the Bank.
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