Sch 8 para 4
In section 24 (power to obtain information about income from securities) after subsection (3) insert— (3ZA) If— (a) a person beneficially entitled to income from any securities is resident in a territory outside the United Kingdom, and (b) there are double taxation arrangements with respect to income tax or corporation tax which relate to that territory, subsection (3) does not exempt any bank from the duty of disclosing to the Board particulars relating to the income of that person. (3ZB) In subsection (3ZA) “ double taxation arrangements ” means arrangements which have effect under section 2(1) of TIOPA 2010 (double taxation relief by agreement with territories outside the United Kingdom).