Monitoring orders not to be disclosed

(1) A reporting entity that is, or has been, subject to a monitoring order shall not disclose the existence or operation of the order to any person except– (a) an officer or agent of the reporting entity for the purpose of ensuring compliance with the (b) a legal adviser for the purpose of obtaining legal advice or representation in respect of the order; or (c) a police officer or an authorised officer of the Financial Intelligence Unit authorised in writing to receive the information. (2) A person described in sub-section (1) shall not disclose the existence or operation of a monitoring order except to another person described in that sub-section and may do so only for the purposes of the performance of the person’s duties or functions. (3) Nothing in this section prevents the disclosure of information concerning a monitoring order for the purposes of or in connection with legal proceedings or in the course of proceedings before a court, provided that nothing in this section shall be construed as requiring a legal adviser to disclose to any court the existence or operation of a monitoring order. (4) A reporting entity or other person who contravenes the provisions of sub-sections (1) or (2), commits an offence and is liable on conviction, in the case of a natural person, to a fine not exceeding five thousand dollars or to imprisonment for a term not exceeding two years or to both such fine and term of imprisonment, and in the case of a legal person or other entity, to a fine which shall not be less than twenty thousand dollars but which may extend to fifty thousand dollars. CAP. 229.