4(1)This paragraph applies to eligible manual data which consist of information relevant to the financial standing of the data subject and in respect of which the data controller is a credit reference agency.U.K.
(2)During the first transitional period, data to which this paragraph applies are exempt from—
(a)the data protection principles, except the sixth principle so far as relating to sections 7 and 12A,
(b)Part II of this Act, except—
(i)section 7 (as it has effect subject to sections 8 and 9) and section 12A, and
(ii)section 15 so far as relating to those sections, and
(c)Part III of this Act.