Disclosure of information prohibited

(1) Except for the purpose of the performance of his duties or the exercise of his functions or when lawfully required to do so by any court or under the provisions of any law a Director, officer or other employee of the Bank shall not disclose to any person any information which he has acquired in the performance of his duties or the exercise of his functions. (1A) The Central Bank is authorised to enter into an arrangement with the Deposit Insurance Corporation for information sharing and to provide information to the Deposit Insurance Corporation that relates to a function of the Corporation under the Deposit Insurance Act (2) Any person who contravenes sub-section (1), shall be liable on summary conviction to a fine of five thousand dollars or to imprisonment for twelve months, or to both such fine and imprisonment.