In article 79 of the Financial Services and Markets Act 2000 (Transitional Provisions) (Authorised Persons etc.) Order 2001 (employment of prohibited persons: disqualification directions), after paragraph (2) insert -

"(3) Paragraph (4) applies where -

(a) a person ("I") is subject to a prohibition order having effect under paragraph (1); and

(b) information about I has been placed on the record maintained in accordance with section 347(1)(g) as required by section 347(2) ("transitional information").

(4) Subsections (5) and (6) of section 347 apply to the record to the extent that it comprises transitional information -

(a) as if subsection (5)(a) required the Authority to exclude the transitional information from the record made available for inspection unless -

(i) the person seeking to inspect the record has asked the Authority whether I is subject to a prohibition order; or

(ii) the Authority is otherwise satisfied that the person has a good reason for seeking to inspect the transitional information;

(b) as if subsection (5)(b) required the Authority to exclude the transitional information from any certified copy of the record provided in accordance with that subsection;