Pensions (Amendment) Act, 2002

Amendment of section 4 of Principal Act.

9.—The following section is substituted for section 4 of the Principal Act:

“Exchange of Information.

4.—(1) Notwithstanding anything contained in any enactment, information held by the Board for the purposes of this Act may be transferred by the Board to the Revenue Commissioners and information held by the Revenue Commissioners for the purposes of Chapter 1 of Part 30 of the Taxes Consolidation Act, 1997 , relating to occupational pension schemes and Personal Retirement Savings Accounts may be transferred by the Revenue Commissioners to the Board.

(2) The Board and every other supervisory authority established in the State may exchange among themselves all information which is necessary to enable the Board and each such authority to perform effectively their respective functions of a supervisory nature.

(3) The Board may disclose information relating to occupational pension schemes and Personal Retirement Savings Accounts to a supervisory authority established outside the State for the purpose of enabling or assisting the performance by that authority of functions corresponding to those of the Board under this Act.”.