Central Bank (Individual Accountability Framework) Act 2023
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Confidential information provided for purposes of inquiry not to be disclosed | ||
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60. The Act of 1942 is amended by the insertion of the following section after section 33AZA (inserted by section 59 ): | ||
“33AZB. (1) Where confidential information is provided to a person for the purposes of an inquiry, that person shall not, subject to section 33AK, disclose that information unless authorised to do so by the Bank in writing or required to do so by law. | ||
(2) A person who contravenes subsection (1) shall be guilty of an offence and is liable on summary conviction to a class A fine or imprisonment for a term not exceeding 6 months or both. | ||
(3) Nothing in subsection (1) prevents a person who is the subject of an inquiry, or who is required to attend before an inquiry, from disclosing information to his or her legal representative. | ||
(4) In this section ‘confidential information’ includes information given to a person for the purposes of an inquiry where— | ||
(a) the person has been notified by the person presiding at the inquiry that the information is confidential, or | ||
(b) the information is of a class or description in relation to which the person has been notified by the person presiding at the inquiry that information of that class or description is confidential.”. |