Confidentiality of information

(1) Any information from which an individual or body can be identified which is acquired by the Supervisor or any registered insurer in the course of carrying out his or its functions shall be regarded as confidential by the Supervisor and such registered insurer, and by his or its members, officers and servants. (2) No such information as is referred to in sub-section (1) shall be disclosed, without the consent of every individual who, and everybody which, can be identified from that information, except to the extent that its disclosure appears to the Supervisor to be necessary– (a) to enable the Supervisor to carry out any of his statutory functions; (b) in the interests of the prevention or detection of crime; (c) in connection with the discharge of any international obligation to which Belize is subject; (d) to assist, in the interests of the public, any authority which appears to the Supervisor to exercise in a place outside Belize functions corresponding to those of the Supervisor; or (e) to comply with the directions of the Court in Belize. (3) Without prejudice to sub-sections (1) and (2), any information communicated to the Supervisor by another jurisdiction shall be regarded as confidential, if that jurisdiction so requests, by the Supervisor and by his members, officers, and servants; and such information shall not be disclosed except in compliance with the directions of the Court. 39 (4) A person who discloses information, or who causes or permits the disclosure of information, in contravention of this section commits an offence and is liable– (a) on conviction on indictment, to imprisonment for a term not exceeding two years, or to a fine, or to both such fine and term of imprisonment; or (b) on summary conviction, to a fine not exceeding five hundred dollars.