(1) This section applies to information (in whatever form) -
(a) relating to the private affairs of an individual, or
(b) relating to any particular business,
that is provided to a body to which this section applies in connection with the exercise of its functions under this Part or sections 522 to 524 (notification to appropriate audit authority of resignation or removal of auditor), the Statutory Auditors and Third Country Auditors Regulations 2016 or the Audit Regulation.
(2) This section applies to -
(a) a recognised supervisory body,
(b) a recognised qualifying body,
(d) the Independent Supervisor,
(e) the Secretary of State, and
(f) a body designated by the Secretary of State under section 1252 (delegation of the Secretary of State's functions).
(3) No such information may, during the lifetime of the individual or so long as the business continues to be carried on, be disclosed without the consent of that individual or (as the case may be) the person
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