Part of the debate – in the House of Lords at 7:30 pm on 27 October 2008.
My Lords, perhaps the noble Lord will permit me to reiterate what I said. Under Section 82, it is an offence for the regulator or anyone who has obtained restricted information directly or indirectly from the regulator to disclose it other than in the circumstances set out. Therefore, someone disclosing information that they had received directly or indirectly would be acting outside the Act. However, I can see that that has not dealt with the issue about which the noble Lord is concerned, which I will take up separately.