(1) The following are regulators for the purposes of this section -
(a) the Payment Systems Regulator;
(2) A regulator must not disclose to any person specially protected information.
(3) "Specially protected information" is information in relation to which the first and second conditions are met.
(4) The first condition is that the regulator received the information from -
(a) the Bank of England ("the Bank"), or
(b) the other regulator where that regulator had received the information from the Bank.
(5) The second condition is that the Bank notified the regulator to which it disclosed the information that the Bank held the information for the purpose of its functions with respect to any of the following -
(a) monetary policy;
(b) financial operations intended to support financial institutions for the purposes of maintaining stability;
(c) the provision of private banking services and related services.
(6) The notification referred to in subsection (5) must be -
(a) in wr
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