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The Financial Services and Markets Act 2000 (Consequential Amendments) (Pre-Commencement Modifications) Order 2001

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Building Societies Act 1986 (c. 53)

Confidentiality of certain information obtained by the Commission

6.  Nothing in section 53(1) of the Building Societies Act 1986 prohibits—

(a)the disclosure of information to any person with a view to the institution of, or otherwise for the purposes of, proceedings before the Tribunal;

(b)the disclosure of information to the Authority in circumstances where, in the opinion of the Commission, it is desirable or expedient that the information should be disclosed with a view to facilitating the discharge by the Authority of any of its functions under or as a result of the Act; or

(c)further disclosure by the Authority in accordance with sections 348 and 349 of the Act of any information disclosed under paragraph (b).

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