§ 1.—(1) Where an order has been made under this paragraph in relation to a terrorist investigation, a constable named in the order may require a financial institution to provide customer information for the purposes of the investigation.
§ (2) The information shall be provided—
- (a) in such manner and within such time as the constable may specify, and
- (b) notwithstanding any restriction on the disclosure of information imposed by statute or otherwise.
§ (3) An institution which fails to comply with a requirement under this paragraph shall be guilty of an offence.
§ (4) It is a defence for an institution charged with an offence under sub-paragraph (3) to prove—
- (a) that the information required was not in the institution's possession, or
- (b) that it was not reasonably practicable for the institution to comply with the requirement.
§ (5) An institution guilty of an offence under this sub-paragraph (3) shall be liable to a fine not exceeding level 5 on the standard scale.