EXPORT FINANCE AND INSURANCE CORPORATION ACT 1991 - SECT 87 Secrecy
EXPORT FINANCE AND INSURANCE CORPORATION ACT 1991 - SECT 87
Secrecy(1) This section applies to the following persons:
(a) a person holding an appointment as Chairperson or Deputy Chairperson;
(b) a person acting as Deputy Chairperson;
(c) a person holding an appointment as Managing Director or Deputy Managing Director;
(d) a person acting as Deputy Managing Director;
(e) a member of the Board referred to in paragraph 34(1)(e) or (f);
(f) a person employed by EFIC.
(2) A person to whom this section applies is authorised:
(a) to disclose information concerning the affairs of another person acquired by the first - mentioned person because of his or her duties under this Act; or
(b) to produce a document containing such information;
to the Minister, to the Secretary of the Department, or to an officer of the Department designated by the Secretary.
(3) A person to whom this section applies is authorised to disclose information, or produce a document, referred to in subsection (2) to another person if the disclosure or production is for the purposes of this Act.
(4) Subject to subsections (2) and (3), it is the duty of a person to whom this section applies not to publish or communicate any information of the kind referred to in paragraph (2)(a) or a document containing any such information.
(5) A person to whom this section applies must not make a record of any information of the kind referred to in paragraph (2)(a) except for the purposes of this Act.
Penalty: Imprisonment for 6 months.
(6) This section does not prevent EFIC from communicating to another person particulars of:
(a) a guarantee given, or proposed to be given, under this Act; or
(b) a contract entered into, or proposed to be entered into, under this Act; or
(c) a loan made, or proposed to be made, under this Act.
"produce" includes permit access to.