Regulation 12 Sharing of information
(1)
The licensing authority may provide to the competent authority information which the licensing authority holds by virtue of carrying out its functions as a licensing authority where that provision is necessary to enable the competent authority to perform its functions under regulation 3(1)(b), 5(3) or 7.
(2)
The competent authority may provide to the licensing authority information which the competent authority holds, where that provision is necessary to enable the licensing authority—
(a)
to perform its functions under regulations 3(1), 3(4), 6(1) and 8(2); or
(b)
to assess the offshore licensee's compliance with its obligations under regulation 5(1), 5(5), 8(6), 9 or 11(5).