(1)No information obtained under section 51 above shall be disclosed except—
(a)with the consent of the person carrying on the undertaking or business to which related the books, records or other documents from which it was obtained, or
(b)for the purpose of enabling a Corporation or the Secretary of State to discharge their functions under this Act, or
(c)with a view to the institution of, or otherwise for the purpose of, any criminal proceedings pursuant to, or arising out of, this Act.
(2)If a disclosure is made by a person in contravention of subsection (1) above, he shall be guilty of an offence and shall be liable—
(a)on summary conviction, to imprisonment for a term not exceeding 3 months or to a fine not exceeding £200, or both; and
(b)on conviction on indictment, to imprisonment for a term not exceeding 2 years or to a fine, or both.