65. (1) A relevant person shall not disclose confidential information obtained by him or her while performing functions under this Act unless he or she is required by law, or duly authorised by the Regulator, to so do.

(2) A relevant person does not contravene subsection (1) if the disclosure is—

(a) made to the Regulator,

(b) made to a Minister by or on behalf of the Regulator or in compliance with this Act, or

(c) otherwise permitted by law.

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

(4) In this section—

“confidential information” includes information that is expressed by the Regulator to be confidential either as regards particular information or as regards information of a particular class or description;

“relevant person” means—

(a) a member of the Regulator,

(b) a member of the staff of the Regulator,

(c) an adviser or consultant to the Regulator or a member of the staff of such adviser or consultant,

(d) a member of a committee established under paragraph 7 of the Schedule,

(e) an inspector appointed under section 45(1), or

(f) any other person engaged under a contract for services by the Regulator or a member of staff of such person.