(1) Where -
(a) a compensator is subject to the laws, regulations and administrative procedures of the United Kingdom, and
(b) an injured person has received, is receiving, or may receive, a specified benefit,
the Minister shall, for the purposes of this Part and subsection (2), transfer to a compensator referred to in paragraph (a) personal data specified in subsection (3) in respect of an injured person referred to in paragraph (b) in all or any of the following:
(i) a statement of recoverable benefits issued by the Minister under section 343P(3) or section 343PA(1);
(ii) a revised statement of recoverable benefits issued by the Minister under section 343PA(2);
(iii) a refund made by the Minister under section 343U.
(2) The personal data referred to in subsection (1) in respect of an injured person referred to in subsection (1)(b), that are transferred in a statement, or refund, referred to in subsection (1), are necessary for the payment to the Minister, by a compensator referred to
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