Central Bank Act 1942

F462[Power to order information about proceedings not to be disclosed

33AZB

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.]

Annotations:

Amendments:

F462

Inserted (19.04.2023) by Central Bank (Individual Accountability Framework) Act 2023 (5/2023), s. 60, S.I. No. 176 of 2023. A class A fine means a fine not greater than €5,000, as provided (4.01.2011) by Fines Act 2010 (8/2010), ss. 3, 4(1), S.I. No. 662 of 2010.

Editorial Notes:

E204

The section heading is taken from the amending section in absence of one included in the amendment.