The regulator may disclose information held in connection with a function under this Part to the Welsh Ministers for the purposes of—
a function of the regulator under this Part, or
a function of the Welsh Ministers under this Part.
The Welsh Ministers may disclose information held in connection with a function under this Part to the regulator for the purposes of—
a function of the Welsh Ministers under this Part, or
a function of the regulator under this Part.
Except as provided by subsection (4), the disclosure of information under this section does not breach—
any obligation of confidence owed by the person making the disclosure, or
any other restriction on the disclosure of information (however imposed).
This section does not authorise a disclosure of information if the disclosure would contravene the data protection legislation (but in determining whether a disclosure would do so, take into account the powers conferred by this section).