(1)Subject to the following provisions of this section, no information with respect to any particular business which—
(a)has been obtained under or by virtue of any of the provisions of this Part; and
(b)relates to the affairs of any individual or to any particular business,
shall, during the lifetime of that individual or so long as that business continues to be carried on, be disclosed without the consent of that individual or the person for the time being carrying on that business.
(2)Subsection (1) above does not apply to any disclosure of information which is made—
(a)for the purpose of facilitating the carrying out by the Secretary of State, the Director or the Monopolies Commission of any of his or, as the case may be, their functions under this Part;
(b)for the purpose of facilitating the carrying out by—
(i)any Minister of the Crown;
(ii)the Director General of Fair Trading;
(iii)the Monopolies Commission;
(iv)the Comptroller and Auditor General;
(v)the Director General of Telecommunications;
(vi)the Director General of Gas Supply;
(vii)the Director General of Water Supply;
(viii)the Civil Aviation Authority;
(ix)the Insolvency Practitioners Tribunal; or
(x)a local weights and measures authority in Great Britain,
of any of his or, as the case may be, their functions under any of the enactments or instruments specified in subsection (3) below;
(c)for the purpose of enabling or assisting the Secretary of State to exercise any powers conferred on him by the [1986 c. 60.] Financial Services Act 1986 or by the enactments relating to companies, insurance companies or insolvency or for the purpose of enabling or assisting any inspector appointed by him under the enactments relating to companies to carry out his functions;
(d)for the purpose of enabling or assisting an official receiver to carry out his functions under the enactments relating to insolvency or for the purpose of enabling or assisting a recognised professional body for the purposes of section 391 of the [1986 c. 45.] Insolvency Act 1986 to carry out its functions as such;
(e)for the purpose of facilitating the carrying out by the Health and Safety Executive of any of their functions under any enactment;
(f)in connection with the investigation of any criminal offence or for the purposes of any criminal proceedings;
(g)for the purposes of any civil proceedings brought under or by virtue of this Part or any of the enactments or instruments specified in subsection (3) below; or
(h)in pursuance of a Community obligation.
(3)The enactments and instruments referred to in subsection (2) above are—
(a)the [1968 c. 29.] Trade Descriptions Act 1968;
(b)the 1973 Act;
(c)the [1974 c. 39.] Consumer Credit Act 1974;
(d)the [1976 c. 34.] Restrictive Trade Practices Act 1976;
(e)the [1976 c. 53.] Resale Prices Act 1976;
(f)the [1979 c. 38.] Estate Agents Act 1979;
(g)the 1980 Act;
(h)the [1983 c. 44.] National Audit Act 1983;
(i)the [1984 c. 12.] Telecommunications Act 1984;
(j)the [1986 c. 31.] Airports Act 1986;
(k)the [1986 c. 44.] Gas Act 1986;
(l)the Insolvency Act 1986;
(m)the [1987 c. 43.] Consumer Protection Act 1987;
(n)the [1989 c. 15.] Water Act 1989;
(o)any subordinate legislation made for the purpose of securing compliance with the Directive of the Council of the European Communities dated 10th September 1984 (No. 84/450/EEC) on the approximation of the laws, regulations and administrative provisions of the member States concerning misleading advertising.
(4)The Secretary of State may by order provide that subsections (2) and (3) above shall have effect subject to such modifications as are specified in the order.
(5)Nothing in subsection (1) above shall be construed—
(a)as limiting the matters which may be published under section 42 or 48 above or may be included in, or made public as part of, a report of the Director, the Monopolies Commission or a consumers' committee under any provision of this Part; or
(b)as applying to any information which has been so published or has been made public as part of such a report.
(6)Any person who discloses any information in contravention of this section shall be liable—
(a)on summary conviction, to a fine not exceeding the statutory maximum;
(b)on conviction on indictment, to imprisonment for a term not exceeding two years or to a fine or to both.