38.—(1) Neither an SE registered in Northern Ireland nor a participating company registered in Northern Ireland is required to disclose any information or document to a person for the purposes of this Part where the nature of the information or document is such that, according to objective criteria, the disclosure of the information or document would seriously harm the functioning of, or would be prejudicial to, the SE or any subsidiary or establishment of the SE or, as the case may be, to the participating company or any subsidiary or establishment of the participating company.
(2) Where there is a dispute between the SE or participating company and –
(a)where a representative body has been appointed or elected, a member of that body; or
(b)where no representative body has been elected or appointed, an information and consultation representative or an employee,
as to whether the nature of the information or document which the SE or the participating company has failed to provide is such as is described in paragraph (1), the SE or participating company or a person referred to in sub-paragraph (a) or (b) may apply to the Industrial Court for a declaration as to whether the information or document is of such a nature.
(3) If the Industrial Court makes a declaration that the disclosure of the information or document in question would not, according to objective criteria, be seriously harmful or prejudicial as mentioned in paragraph (1), the Industrial Court shall order the company to disclose the information or document.
(4) An order under paragraph (3) shall specify –
(a)the information or document to be disclosed;
(b)the person or persons to whom the information or document is to be disclosed;
(c)any terms on which the information or document is to be disclosed; and
(d)the date before which the information or document is to be disclosed.