Section 83 Disclosure for facilitating discharge of functions by the Bank.C1C2
United Kingdom
Section 82 above does not preclude the disclosure of information in any case in which disclosure is for the purpose of enabling or assisting the F1Authority to discharge.
its function as a monetary authority; or
its functions in its capacity as a designated agency within the meaning of the M1Financial Services Act 1986; or
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
its functions as a supervisor of money market F5. . . institutions
F6. . .
- (d)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Without prejudice to the generality of subsection (1) above, that section does not preclude the disclosure of information by the F7Authority to the auditor of an authorised institution or former authorised institution if it appears to the Authority that disclosing the information would enable or assist the Authority to discharge the functions mentioned in that subsection or would otherwise be in the interests of depositors.
If, in order to enable or assist the Authority properly to discharge any of its functions under this Act, the Authority considers it necessary to seek advice from any qualified person on any matter of law, accountancy, valuation or other matter requiring the exercise of professional skill, section 82 above does not preclude the disclosure by the Authority to that person of such information as appears to the Authority to be necessary to ensure that he isproperly informed with respect to the matters on which his advice is sought.
Annotations
Textual amendments
- F1
Word in s. 83(1) substituted (1.6.1998) by 1998 c. 11, s. 23, Sch. 5 Pt. IV Ch. I para. 53(2)(a) (with Sch. 8 para. 2); S.I. 1998/1120, art. 2
- F2
Words in s. 83(1) substituted (1.1.1993) by S.I. 1992/3218, reg. 38 (with savings in reg. 46(b))
- F3
S. 83(1)(aa) inserted (1.6.1998) by 1998 c. 11, s. 23, Sch. 5 Pt. IV Ch. I para. 53(2)(b) (with Sch. 8 para. 2); S.I. 1998/1120, art. 2
- F4
S. 83(1)(b) repealed (1.6.1998) by 1998 c. 11, ss. 23, 43, Sch. 5 Pt. IV Ch. I para. 53(2)(c), Sch. 9 Pt. I (with Sch. 8 para. 2); S.I. 1998/1120, art. 2
- F5
Words in s. 83(1)(c) repealed (1.6.1998) by 1998 c. 11, ss. 23, 43, Sch. 5 Pt. IV Ch. I para. 53(2)(d), Sch. 9 Pt. I (with Sch. 8 para. 2); S.I. 1998/1120, art. 2
- F6
S. 83(1)(d) and word immediately preceding it repealed (1.6.1998) by 1998 c. 11, ss. 23, 43, Sch. 5 Pt. IV Ch. I para. 53(2)(e), Sch. 9 Pt. I (with Sch. 8 para. 2); S.I. 1998/1120, art. 2
- F7
Words in s. 83(2)(3) substituted (1.6.1998) by 1998 c. 11, s. 23, Sch. 5 Pt. IV Ch. I para. 53(3) (with Sch. 8 para. 2); S.I. 1998/1120, art. 2
Marginal citations
- M1
Modifications
- C1
S. 83 amended (1.1.1993) by S.I. 1992/3218, reg. 47, Sch. 8, para. 23.
- C2
S. 83 modified (1.6.1998) by 1998 c. 11, s. 42, Sch. 8 paras. 2-5; S.I. 1998/1120, art. 2
Notes on the whole Act
Textual amendments
- F1
Act repealed (1.12.2001) by S.I. 2001/3649, arts. 1, 3(1)(d)
Act continued (with modifications) (1.12.2001) by S.I. 2001/2967, arts. 1(2), 9(1), Sch. 1 Pt. 1; S.I. 2001/3538 (as amended (1.4.2013) by S.I. 2013/472, arts. 1(1), 3, Sch. 2 para. 56(h)(i)); and specified provisions of Act applied, extended and amended (1.4.2003) so far as still in force by 2001 c. 16, ss. 50, 52-54, 57(1)(j)(4), 68, 138(2), Sch. 1 para. 43, Sch. 2 para. 16(2)(d); S.I. 2003/708, art. 2
Notes on Part V
Modifications
- C1
Pt. V (ss. 82-87) modified (1.6.1998) by 1998 c. 11, s. 23, Sch. 5 Pt. IV Ch. I para. 57(2)(3)(4); S.I. 1998/1120, art. 2
Pt. V (ss. 82-87) modified (1.6.1998) by 1998 c. 11, ss. 23, 36(4), Sch. 5 Pt. IV Chapter I para. 57; S.I. 1998/1120, art. 2