Companies Act, 1990

Obligation of professional secrecy.

118.—(1) Information obtained by any of the following persons by virtue of the exercise by a recognised stock exchange of its functions under this Part shall not be disclosed except in accordance with law, namely—

(a) a relevant authority of the exchange,

(b) an authorised person, or

(c) any person employed or formerly employed by the exchange.

(2) Subsection (1) shall not prevent a relevant authority of a recognised stock exchange from disclosing any information to the Minister, whether pursuant to a request under section 115 (5) or otherwise, or to a similar authority in another Member State of the European Communities.

(3) Any person who contravenes subsection (1) shall be guilty of an offence.