excluded material

(in relation to access to appropriate regulator 172 material) (as defined in section 394(7) of the Act (Access to FCA or PRA172 material)) material which:

1. (a) has been intercepted in obedience to a warrant issued under any enactment relating to the interception of communications; or
2. (b) indicates that such a warrant has been issued or that material has been intercepted in obedience to such a warrant; or
3. (c) is a protected item.4