Member

94: Schedule 5, page 106, line 28, at end insert— “(9A) The prohibition in sub-paragraph (9) ceases to apply—(a) at the end of the period of 3 months beginning with the day on which the account information notice or general information notice is given to the bank, or(b) if earlier, when the bank is given a notice under paragraph 5(1).”Member’s explanatory statement This amendment would limit how long the prohibition on a bank telling an account holder that it had received an information notice in respect of the holder’s account has effect.