Section 21Part 5 — General Matters
Confidentiality
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Subject to subsection (2), a person who, being a director, officer, employee, agent or adviser of the Authority discloses, without the prior authorisation of the Board, information acquired by him by reason of his office or employment or in exercise of the Authority's function under or for the purposes of this Law or any other law, which information relates to —
the affairs of the Authority;
the affairs of a ship on the register; or
the affairs of a registered owner of a Cayman Islands ship,
commits an offence and is liable on summary conviction to a fine of ten thousand dollars and to imprisonment for one year, and on conviction on indictment to a fine of fifty thousand dollars and to imprisonment for three years.
Subsection (1) shall not apply to a disclosure —
lawfully required or permitted by a court of competent jurisdiction in the Islands;
made for the purpose of assisting the Authority to exercise a function conferred on it by this Law or any other law;
made in respect of the affairs of a ship or its owner for which consent has been voluntarily given by the owner;
where the information disclosed is or has been available to the public from any other source;
where the information disclosed is in a summary or in statistics expressed in a manner that does not enable the identity of the person to whom, or a ship to which, the information relates to be ascertained; or
lawfully made to a person entitled to obtain such information under the laws of the Islands.