Section 33Part 5 — MISCELLANEOUS
Cooperation
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Where the Institute is satisfied that —
a request for information from a relevant person in connection with a specified purpose should be granted; or
information should be disclosed to a relevant person in a connection with a specified purpose,
the Institute may disclose the information and that disclosure shall not be treated as a breach of any restriction upon the disclosure of information by any enactment or otherwise and the fact of the disclosure shall not give rise to any criminal or civil liability for the Institute nor any Council member, officer, employee or agent of the Institute.
For the purposes of subsection (1) —
"relevant person" means the Authority, the Financial Reporting Authority, the Auditors Oversight Authority, any overseas regulatory authority, any approved institute, any overseas professional accounting institute, any institute, society, association or other body which conducts quality assurance reviews of public accountants or firms of public accountants, the International Federation of Accountants, the Attorney General, the Solicitor General, the Auditor General, a constable of the rank of Inspector or above, any of the Immigration Boards, the Trade and Business Licensing Board and any other prescribed person; and
"specified purpose" means the exercise of any regulatory oversight, investigative, disciplinary or quality assurance function, the conduct of civil or administrative proceedings to enforce laws, regulations and rules, the investigation or prosecution of any crime or any other purpose where the Council determines that it is in the best public interest to disclose the information requested.
Defined Terms
relevant personspecified purpose
Cross References
- Section of Trade And Business Licensing Actexternal
Trade and Business Licensing Board