[74A Transfers based on adequacy regulations]

[74A  Transfers based on adequacy regulations]

[(1)     The Secretary of State may by regulations specify any of the following which the Secretary of State considers ensures an adequate level of protection of personal data—

(a)     a third country,

(b)     a territory or one or more sectors within a third country,

(c)     an international organisation, or

(d)     a description of such a country, territory, sector or organisation.

(2)     For the purposes of this Part of this Act, a transfer of personal data to a third country or an international organisation is based on adequacy regulations if, at the time of the transfer, regulations made under this section are in force which specify, or specify a description which includes—

(a)     in the case of a third country, the country or a relevant territory or sector within the country, and

(b)     in the

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