The Treasury must take such steps as they consider appropriate to co-operate with any investigation, in the United Kingdom or elsewhere, relating to the funds, economic resources or financial transactions of a designated person.
(1)Nothing done under this Chapter is to be treated as a breach of any restriction imposed by statute or otherwise.
(2)But nothing in this Chapter authorises a disclosure that—
(a)contravenes the Data Protection Act 1998, or
(b)is prohibited by Part 1 of the Regulation of Investigatory Powers Act 2000.
(3)Nothing in this Chapter is to be read as requiring a person who has acted as counsel or solicitor for any person to disclose any privileged information in their possession in that capacity.
(4)This Chapter does not limit the circumstances in which information may be disclosed apart from this Chapter.
(5)This Chapter does not limit the powers of the Treasury to impose conditions in connection with the discharge of their functions under section 17 (licences).
(6)In this section—
“information” includes documents;
“privileged information” means information with respect to which a claim to legal professional privilege (in Scotland, to confidentiality of communications) could be maintained in legal proceedings.