SCHEDULE 7 Restriction on Disclosure of Information

SCHEDULE 7 Restriction on Disclosure of Information

Section 37

Restricted information

1

(1)     Subject to sub-paragraph (2), information is restricted information for the purposes of this paragraph if—

(a)     it is obtained by the Bank by virtue of the power conferred by section 17(1) or [paragraph 9 of Schedule 2ZA] (whether or not it was obtained pursuant to a notice under that provision), and

(b)     it relates to the business or other affairs of any person.

(2)     Information is not restricted information for the purposes of this paragraph if—

(a)     it has been made available to the public from other sources, or

(b)     it is in the form of a summary or collection of information so framed as not to enable information relating to any particular person to be ascertained from it.

(3)     Except as permitted by the following provisions of this Schedule, restricted information shall not be disclosed by—

(a)     the Bank or any officer or [employee] of the Bank, or

(b)     any person obtaining the information directly or indirectly from the Bank,

without the consent of the person from whom the Bank obtained the information and, if different, the person to whom the information relates.

(4)

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