88.— (1) Nothing in the Taxes Consolidation Act 1997 prevents the disclosure to the Bank of information held by the Revenue Commissioners in relation to—

(a) qualifying companies, within the meaning of section 110 of the Taxes Consolidation Act 1997, or

(b) FVCs, within the meaning of Article 1 of Regulation (EC) No 24/2009 of the European Central Bank of 19 December 2008 ⁵ concerning statistics on the assets and liabilities of financial vehicle corporations engaged in securitisation transactions.

(2) Information disclosed to the Bank by virtue of subsection (1) may be used by the Bank only in the exercise of the Bank’s functions and shall not be disclosed by the Bank to any other person.