Paragraph 1 F1
United Kingdom
A disclosure is made in accordance with this Part of this Schedule if—
it is made to a person or body exercising relevant functions under legislation in a country or territory outside the British Islands, and
it is made for the purpose of enabling or assisting that person or body to exercise those functions.
“Relevant functions” for this purpose are functions of a public nature that appear to the Panel to be similar to its own functions or those of the F2Financial Conduct Authority or the Prudential Regulation Authority or similar to the regulatory functions of the Bank of England.
Annotations
Textual amendments
- F1
Sch. 2 substituted (1.7.2009) by virtue of The Companies Act 2006 (Amendment of Schedule 2) (No. 2) Order 2009 (S.I. 2009/1208), art. 2, Sch.
- F2
Words in Sch. 2 Pt. 3 para. 1 substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 123(4) (with Sch. 20); S.I. 2013/423, art. 3, Sch.
Notes on Schedule 2
Modifications
- C1
Sch. 2 extended (1.7.2009) to Isle of Man by The Companies Act 2006 (Extension of Takeover Panel Provisions) (Isle of Man) Order 2009 (S.I. 2009/1378), art. 2