Paragraph 4 Restriction on disclosure of information

Sections 348, 349 and 352 of the 2000 Act apply with the following modifications—

(a)

in section 348—

(i)

in subsection (2)(b) for the words from “, the competent authority” to the end substitute “under the Cross-Border Payments in Euro Regulations 2010”;

(ii)

in subsection (3)(a) for “this Act” substitute “the Cross-Border Payments in Euro Regulations 2010”;

(iii)

in subsection (5)—

(aa)

for “this Part”, substitute “the Cross-Border Payments in Euro Regulations 2010”;

(bb)

omit paragraphs (b) and (c);

(cc)

in paragraph (e) for “paragraphs (a) to (c)” substitute “paragraph (a)”;

(iv)

in subsection (6)—

(aa)

omit paragraphs (a) and (b); and

(bb)

in paragraph (c) for “paragraph 6 of Schedule 1” substitute “regulation 4(2) of the Cross-Border Payments in Euro Regulations 2010”; and

(b)

in section 349 omit subsections (3A) and (3B).