An investigation and transcripts of interviews in the course of it, by the Banking Supervisor having been conducted under the Act were subject to the restrictions on disclosure mentioned in the Act. Once however the transcripts had been exhibited to an affidavit used in the course of company director disqualification proceedings, they had become part of a public record and the protection was lost.
Lord Woolf MR, Robert Walker LJ, Smith J
Times 17-May-2000,  Lloyd’s Rep Bank 225,  1 WLR 2353,  3 All ER 910
England and Wales
Litigation Practice, Banking
Updated: 23 May 2022; Ref: scu.135941