A permutation lock includes a plurality of adjustment rings which are rotatable about a common axis to set a secret code and includes a locking mechanism which has a blocking element. The blocking element can be displaced in the axial direction with respect to the axis of rotation of the adjustment rings from a blocking position into a release position. The adjustment rings are rotationally operationally coupled to axially movable driver elements. The driver elements have axial elevated portions, wherein the driver elements cooperate via the elevated portions in the axial direction such that the blocking element is only displaced axially in the release position by means of the driver elements in that the secret code is set at the adjustment rings.