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Paragraph 8

United Kingdom

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

The credit reference agency has delivered to the registrar a statement that it intends to use the information within section 790ZF(2) of the Act only for the purposes of—

(a)

providing an assessment of the financial standing of a person;

(b)

meeting any obligations contained in—

(i)

F1the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017; F2or

(ii)

any rules made pursuant to section 137A of the Financial Services and Markets Act 2000 M1 which relate to the prevention and detection of money laundering in connection with the carrying on of regulated activities by authorised persons; F3...

(iii)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(c)

conducting conflict of interest checks required or made necessary by any enactment;

(d)

providing information within section 790ZF(2) of the Act to—

F4(i)

a person to whom the registrar could disclose information under section 1110F (disclosure by the registrar) of the Act; or

(ii)

a credit reference agency which has satisfied the requirements of this Part of this Schedule; or

(e)

conducting checks for the prevention and detection of crime and fraud.

Annotations

Textual amendments

F1

Words in Sch. 4 para. 8(b)(i) substituted (26.6.2017) by The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (S.I. 2017/692), reg. 1(2), Sch. 7 para. 34(a) (with regs. 8, 15)

F2

Word in Sch. 4 para. 8(b)(i) inserted (31.12.2020) by The Companies, Limited Liability Partnerships and Partnerships (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/348), reg. 2, Sch. 2 para. 14(c)(i) (with Sch. 4 para. 5) (as amended by S.I. 2020/523, regs. 1(2), 20); 2020 c. 1, Sch. 5 para. 1(1)

F3

Sch. 4 para. 8(b)(iii) and word omitted (31.12.2020) by virtue of The Companies, Limited Liability Partnerships and Partnerships (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/348), reg. 2, Sch. 2 para. 14(c)(ii) (with Sch. 4 para. 5) (as amended by S.I. 2020/523, regs. 1(2), 20); 2020 c. 1, Sch. 5 para. 1(1)

F4

Sch. 4 para. 8(d)(i) substituted (21.3.2024) by The Economic Crime and Corporate Transparency Act 2023 (Consequential, Supplementary and Incidental Provisions) Regulations 2024 (S.I. 2024/410), reg. 1(2), Sch. 2 para. 7(4)(b)

Marginal citations

M1

2000 c.8; section 137A is in Part 9A which was substituted for sections 138 to 166 by section 24(1) of the Financial Services Act 2012 (c.21).

Notes on Schedule 4

Modifications

C1

Sch. 4 applied (E.W.S.) (6.4.2016) by The Limited Liability Partnerships (Register of People with Significant Control) Regulations 2016 (S.I. 2016/340), regs. 1(3), 4, Sch. 2 para. 4 (as amended (26.6.2017) by S.I. 2017/693, regs. 2, 31 (with Sch. Pt. 2); and (18.11.2025) by S.I. 2025/1033, regs. 1(3)(d), 11(4) (with regs. 12-16); S.I. 2025/1118, reg. 2(1)(i))

Notes on Part 2

Modifications

C1

Sch. 4 Pts. 2-3 applied (with modifications) (18.11.2025) by S.I. 2016/340, Sch. 2 para. 5 (as inserted by The Limited Liability Partnerships (Application and Modification of Company Law) Regulations 2025 (S.I. 2025/1033), regs. 1(3)(d), 11(5) (with regs. 12-16); S.I. 2025/1118, reg. 2(1)(i))