Singapore legislation
Clause 14
Clause 14
Persons not to reveal trade secrets, etc.
(1)
If a person exercising any function under this Act obtains protected information about the affairs of another person, he shall not disclose that protected information to any other person unless the disclosure —
is made with the written consent of the person to whom the information relates;
is for the purpose of the administration or enforcement of this Act; or
is in compliance with the requirement of any court, tribunal, authority or person having lawful authority to require the production of documents or the answering of questions.
(2)
If any person acts in contravention of subsection (1), he shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000 or to imprisonment for a term not exceeding 2 years or to both.
(3)
For the purpose of this section, the reference to a person disclosing any protected information includes his permitting any other person to have any access to any record, document or other thing containing that information which is in his possession or under his control by virtue of his being or having been a member of the Board or Council.
(4)
In this section, “protected information” means information the disclosure of which would or could reasonably be expected to disclose a trade secret or to adversely affect a person in relation to the lawful business affairs of that person.