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Unauthorised disclosure of confidential information.
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36.— (1) Except in the circumstances specified in subsection (2), a person shall not disclose confidential information obtained while performing functions as—
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(a) a member of IFI or a committee of IFI,
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(b) the chief executive or any other employee of IFI,
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(c) a person engaged by IFI as a consultant or adviser, or
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(d) an employee of a person referred to in subsection (c).
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(2) A person does not contravene subsection (1) by disclosing confidential information if—
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(a) IFI authorises its disclosure,
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(b) the disclosure is made to IFI,
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(c) the disclosure is made to the Minister by or on behalf of IFI or in compliance with a requirement of this Act, or
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(d) the disclosure is otherwise required by law.
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(3) In this section “confidential information” means—
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(a) information that is expressed by IFI to be confidential either as regards particular information or as regards information of a particular class or description, and
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(b) proposals of a commercial nature or tenders submitted by any person.
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(4) Where a person to whom this section applies fails to comply with a requirement of this section, IFI shall decide the appropriate action (including removal from office or termination of contract) to be taken.
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(5) Nothing in subsection (1) shall prevent the disclosure of information—
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(a) in a report made to IFI or by or on behalf of IFI to the Minister, or
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(b) by a member of IFI to the Minister.
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