GEN 3.3.25

When an Authorised Person establishes and Maintains an information barrier (that is, an arrangement that requires information held by an Authorised Person in the course of carrying on one part of the business to be withheld from, or not to be used for, persons with or for whom its acts in the course of carrying on another part of its business) it may:

(1) withhold or not use the information held; and
(2) for that purpose, permit persons employed in the first part of its business to withhold the information held from those employed in that other part of the business,

but only to the extent that the business of one of those parts involves the carrying on of Regulated Activities or ancillary activities.