a) The Bank values the Customer’s privacy and has a policy to hold in confidence information about the Customer and the Customer’s Account. However the Bank may in certain circumstances disclose any information about the Customer to any person in connection with any actual or likely event of default by the Customer. This right to disclose includes disclosing information under these General Terms and Conditions (including the assignment or transfer of all the Bank’s rights and obligations under these General Terms and Conditions). The customer authorises the Bank to respond, if it shall so choose,

b) To any and inquiries (including without limitation any bank references) received from any other bank, financial institution or per son providing credit or financial services, concerning the Account without any reference to the Customer.

c) The Bank may give information, other than where the Customer is in default, to the following:

(i) Any credit reference, scoring or rating agencies,

(ii) Persons providing information or services to the Bank, (including without limitation a holding or group companies, subsidiaries or related parties) on the understanding that the information will be confidential and may not be further disseminated; and

(iii) Where the Bank is under a legal obligation to do or where it is in the interest of the public.