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Energy Act 2013
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Point in time view as at 29/07/2021.
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There are currently no known outstanding effects for the Energy Act 2013, Paragraph 3.
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3(1)For the purposes of paragraphs 1 and 2, “confidential information” means specified information to which sub-paragraph (3) applies and in relation to which it is an initial term of the contract that it should not be disclosed.U.K.
(2)For the purposes of sub-paragraph (1)—
(a)a term is an initial term if it is agreed at the time the investment contract is entered into or, in relation to a varied investment contract, at the time the variation is agreed;
(b)“specified” means specified in the initial term.
(3)This sub-paragraph applies to information if it is—
(a)not the strike price or the reference price;
(b)information which, in the opinion of the Secretary of State at the time the initial term is agreed, constitutes a trade secret;
(c)information the disclosure of which, in the opinion of the Secretary of State at that time, would or would be likely to prejudice the commercial interests of any person;
(d)information the disclosure of which would, in the opinion of the Secretary of State at that time, constitute a breach of confidence actionable by any person.
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