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Article 21 Disapplication of Existing Obligations and Restrictions and Exclusion of Liability

Original text. Later amendments are not shown.

(1)

Any requirement imposed on a relevant institution or any other person under this Order shall have effect notwithstanding—

(a)

any obligation as to secrecy or other restriction, whether imposed by statute or otherwise, upon the disclosure of information subject to or affected by the requirements imposed under this Order except as provided in paragraph 1(2) of the Schedule to this Order; and

(b)

any obligation, restriction or immunity, whether imposed or conferred by statute or otherwise, in relation to any property subject to or affected by the requirements imposed under this Order.

(2)

No relevant institution or other person shall be liable in respect of any action taken pursuant to powers conferred by this Order or in compliance with duties imposed under it.