Western Australian Consolidated Acts Western Australian Consolidated Acts (1) A disclosure of
information made in accordance with this section for the purposes of
facilitating the privatisation of the Bank is not to be
regarded —
(a) as a
breach of contract or confidence or otherwise as a civil wrong; or
(b) as a
contravention of section 232 of the Corporations Law.
(2)
Subsection (1) applies to a disclosure of information made by the
Government, R & I Holdings or the Bank or by a person acting with the
authority of the Government, R & I Holdings or the Bank but does not apply
to any other person to whom the information is given.
(3)
Subsection (1) applies to confidential information or information not
publicly known concerning the affairs of the Bank or of any subsidiary of the
Bank or of any customer of the Bank or of any subsidiary.
(4) This section has
effect despite section 41 of the existing Act.
(5) In
subsection (3) Bank , subsidiary and customer have the same meanings as
they have in section 41 of the existing Act.