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(1) Subject to this Act, a director, officer, employee or agent of a central securities depository or any other person who has access to information or document related to the affairs of a depositor and securities accounts of a depositor shall not disclose the information or the contents of a document to another person.

(2) A person who has information, which to that person's knowledge was disclosed in contravention of subsection (1) shall inform the depository of the disclosure.

(3) A person who contravenes this section commits an offence and is liable on summary conviction to a fine of five hundred penalty units or imprisonment for a term of not less than three years, or to both.