(1) Notwithstanding Regulations 95, 96 and 97 and subject to paragraph (2), exchanges of information between the Bank and the authorities or bodies which are responsible under the law for the detection and investigation of breaches of company law shall be permitted.
(2) The exchange of information referred to in paragraph (1) shall be subject to compliance with the following conditions:
(a) the information shall be for the purpose of performing the task referred to in paragraph (1);
(b) information received in this context shall be subject to the conditions of professional secrecy imposed by Regulation 95;
(c) subject to paragraph (4), where the information originates in another Member State, it shall not be disclosed without the express agreement of the competent authorities which have disclosed it and, where appropriate, solely for the purposes for which those authorities gave their agreement.
(3) Where the authorities or bodies referred to in paragraph (1) perform their task of