(1) For the purposes of sections 348 to 353 of the Financial Services and Markets Act 2000 (restrictions on disclosure of confidential information) -
(a) information to which this section applies is to be treated as confidential information; and
(b) in relation to such information, each of the following is a primary recipient -
(i) the FCA;
(ia) the PRA;
(ii) any person who is or has been employed by the FCA or the PRA; and
(iii) any person appointed by the FCA or the PRA to carry out functions under this Act or the 1974 Act.
(2) This section applies to information which -
(a) relates to the business or other affairs of a friendly society, a registered branch of a friendly society or any other person;
(b) was received by a primary recipient (within the meaning of subsection (1)(b)) for the purposes of, or in the discharge of, any functions of the FCA or the PRA under any provision made by or under this Act or the 1974 Act; and
(c) is not excluded information by virtue of subsection (4)
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