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Prohibition on unauthorised disclosure of information.
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17.—(1) A person shall not disclose confidential information obtained by him while performing duties as—
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(a) a member of the Authority or a member of the staff of the Authority or an adviser or consultant to the Authority, or
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(b) a director or a member of the staff of, or an adviser or consultant to a subsidiary of the Authority, or
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(c) a member of a committee established under this Act,
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unless he is duly authorised by the Authority or the subsidiary, as the case may be, or by a member of the staff of the Authority or the subsidiary, as the case may be, duly authorised in that behalf, to do so.
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(2) In this section “confidential” means that which is expressed by the company or the subsidiary concerned, as the case may be, to be confidential either as regards particular information or as regards information of a particular class or description.
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