(1) The Secretary of State or the Treasury may, in accordance with this regulation, disclose -

(a) any information obtained under or by virtue of Part 4 (Exceptions and licences) or this Part, or

(b) any information held in connection with -

(i) anything done under or by virtue of Part 2 (Designation of persons) or Part 3 (Finance), or

(ii) any exception or licence under Part 4 or anything done in accordance with such an exception or under the authority of such a licence.

(2) Information referred to in paragraph (1) may be disclosed for, or in connection with, any of the following purposes -

(a) the purpose stated in regulation 4 (purposes);

(b) the exercise of functions under these Regulations;

(c) facilitating, monitoring or ensuring compliance with these Regulations;

(d) taking any action with a view to instituting, or otherwise for the purposes of, any proceedings in the United Kingdom -

(i) for an offence under any provision of these Regulations, or