Mergers, Take-Overs and Monopolies (Control) Act, 1978

Amendment of Second Schedule to Act of 1972.

16.—Paragraph 8 of the Second Schedule to the Act of 1972 is hereby amended by the insertion in subparagraph (1) after “under section 14” and in subparagraph (2) after “under this Act” of “or under the Mergers, Take-overs and Monopolies (Control) Act, 1978”, and that paragraph as so amended is set out in the Table to this section.

TABLE

8.—(1) No person shall disclose information available to him through being present at an investigation held by the Examiner under section 14 or under the Mergers, Take-overs and Monopolies (Control) Act, 1978.

(2) Subparagraph (1) does not apply to a communication made by the Examiner or an authorised officer in the execution of his duties under this Act or under the Mergers, Take-overs and Monopolies (Control) Act, 1978, or to the disclosure of information in a report by the Examiner or for the purpose of legal proceedings under this Act or under the Mergers, Take-overs and Monopolies (Control) Act, 1978.

(3) If any person contravenes this paragraph he shall be guilty of an offence and shall be liable on summary conviction to a fine not exceeding one hundred pounds or imprisonment for a period not exceeding six months or, at the discretion of the court, to both such fine and imprisonment.