(a) provision restricting the persons that may be approved to persons that comply with specified conditions;
(b) provision for a specified person to decide whether a person satisfies the conditions for approval (and see section 6 for further provision about decision-makers).
(4) The regulations may make provision about the providing or publishing of business data, including—
(a) provision requiring a data holder to provide or publish business data on one or more occasions, for a specified period or at specified intervals;
(a) provision enabling or requiring a data holder to produce, collect or retain, or arrange for the production, collection or retention of, records of business data provided in accordance with the regulations;
(b) provision enabling or requiring a third party recipient to produce or retain, or arrange for the production or retention of, records of business data received in accordance with the regulations.
(6) The regulations may make provision requiring a person who, in the course of a business, processes business data of a trader to assist, or take specified steps to assist, the trader in complying with regulations under this Part.
(7) The regulations may make provision about the processing of business data provided to a third party recipient in accordance with the regulations, including—
(e) provision about further disclosure of the data, including provision for a person to whom business data is further disclosed to be subject to some or all of the obligations imposed on customers or third party recipients by the regulations in relation to the business data.
(8) The regulations may make provision enabling or requiring a data holder or a third party recipient to publish specified information relating to the rights and obligations of persons under the regulations, including information about the activities carried out by the data holder or third party recipient in performance of their obligations under the regulations.
I9 S. 5 in force at Royal Assent for specified purposes, see s. 142(1)(2) (h)
I10 S. 5 in force at 20.8.2025 in so far as not already in force by S.I. 2025/904 , reg. 2(a)
6 Decision-makers U.K.
(1) This section is about the provision about decision-makers that regulations under section 2 or 4 may or must (among other things) contain.
(2) In this Part, “ decision-maker ” means a person who is authorised or required to take a decision described in section 3(2)(c) (authorisation) or 5(3)(b) (approval).
(3) The regulations may make provision about the appointment of a decision-maker.
(4) The regulations may make provision enabling or requiring a decision-maker to suspend or revoke a decision.
(5) The regulations may confer powers on a decision-maker for the purpose of monitoring compliance with conditions for authorisation or approval (“monitoring powers”) (and see section 8 for provision about enforcement of requirements imposed in exercise of those powers).
(6) The monitoring powers that may be conferred on a decision-maker include powers to require the provision of documents or information (but such powers are subject to the restrictions in section 9 as well as any restrictions included in the regulations).
(7) The regulations must make provision about the rights of persons affected by the exercise of a decision-maker’s functions under the regulations and such provision may include (among other things)—
(a) provision about the review of decision-makers’ decisions;
(b) provision about appeals to a court or tribunal.
(8) The regulations may make provision about complaints, including provision requiring a decision-maker to implement procedures for the handling of complaints.
(9) The regulations may make provision enabling or requiring a decision-maker to publish, or provide to a specified person, specified documents or information relating to the exercise of the decision-maker’s functions.
(10) The regulations may make provision for a decision-maker to arrange for its monitoring powers to be exercised by another person.
(11) The regulations may—