Dormant Accounts Act, 2001

Unauthorised disclosure of confidential information.

40.—(1) Subject to subsection (3), a person shall not, unless he or she is duly authorised by the Board, disclose confidential information obtained by him or her while carrying out or as a result of carrying out duties—

(a) as a member of the Board, or

(b) as a consultant or adviser to the Board or an employee of such person.

(2) A person who contravenes subsection (1) shall be guilty of an offence.

(3) Nothing in subsection (1) prohibits the disclosure of information by means of a report made—

(a) to the Board, or

(b) by or on behalf of the Board to the Minister.

(4) In this section “confidential information” includes—

(a) information that is expressed by the Board to be confidential either as regards particular information or as regards information of a particular class or description, and

(b) proposals of a commercial nature.