Data Protection Act 2018

219

Amendment of section 56 of Credit Union and Co-operation with Overseas Regulators Act 2012

219. Section 56 of the Credit Union and Co-operation with Overseas Regulators Act 2012 is amended—

(a) by the substitution of the following subsection for subsection (2):

“(2) A credit union may disclose to ReBo personal data within the meaning of the Data Protection Regulation.”,

and

(b) by the insertion of the following subsection after subsection (3):

“(4) In this section, ‘Data Protection Regulation’ means Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 201644 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation).”.