(a) information about a person (a
"client" ) is received by the Minister, the chief executive or the regulator
(the
"entity" ) under section 25T, 25Y, 35or 181; and
(c) the entity believes disclosure of the
information—
(i) would be likely to damage the client’s commercial
activities; and
(ii) would not be in the public interest.
(2) The entity
must take all reasonable steps to ensure the information is not, without the
client’s consent, disclosed to another person other than an employee of the
department who receives the information in the course of the employee’s
duties.
(3) The employee must not disclose to any person information the
employee obtains under subsection (2) .
(4) In this section—
"commercially sensitive" means reasonably expected to adversely affect the
client’s commercial activities.