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Version date: 26 November 2018 - onwards
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24. Amendment of section 51 of Act of 2010

Section 51 of the Act of 2010 is amended -

(a) by the substitution of the following subsection for subsection (2):

"(2) It is a defence in any proceedings against a person for an offence under section 49, in relation to a disclosure, for the person to prove that, at the time of the disclosure -

(a) the person was a credit institution or financial institution or a majority-owned subsidiary, or a branch, of a credit institution or financial institution, or made the disclosure on behalf of a credit institution or a financial institution or a majority-owned subsidiary, or a branch, of a credit institution or financial institution,

(b) the disclosure was to a credit institution or a financial institution or a majority-owned subsidiary, or a branch, of a credit institution or financial institution,

(c) the institution to which the disclosure was made was situated in a Member State or a country other than a high-risk third country,

(d) both the institution making the disclosure, or on whose b

Comparing proposed amendment...