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Part 6 · Supervision: tasks and general powers, organisation  ›  Chapter 1 · Tasks and general provisions › Section 306b

Account information system

The supervisory authority may retrieve individual data from the file under section 24c(1), first sentence, of the Banking Act, insofar as this is necessary for performing its supervisory tasks under this Act, in particular in respect of unauthorised insurance business, and there is particular urgency in the individual case. Section 24c(4) of the Banking Act applies correspondingly.

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