8(1)  The Commissioners for Her Majestyʼs Revenue and Customs may disclose to a person (“P”) any of the information included in the VAT registration of another person (“V”) if the disclosure is for the purpose of enabling or assisting P to assess–

(a)Vʼs creditworthiness,

(b)Vʼs compliance with regulatory requirements relating to financial matters, or

(c)the risk of fraud by V.

8(2)  But subsection (1) does not authorise the Commissioners to disclose any information which is, in the Commissionersʼ view, financial information relating to any business carried on by V.

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