(1) A person who discloses to an authorised recipient information relating to the business of a designated credit institution is not liable in tort, or for breach of contract, to the institution or any other person in respect of the disclosure if the information was provided in good faith to enable the recipient to perform functions imposed on the recipient by or under this Act.

(2) The following persons are authorised recipients for the purpose of subsection (1):

(a) the Authority and its members,

(b) any delegate of the Authority and, if the delegate is a body corporate, any member of the delegate,

(c) the NTMA,

(d) any cover-assets monitor appointed in respect of the relevant designated credit institution under Part 5,

(e) any manager appointed in respect of that institution under Part 6,

(f) the officers, employees and agents of, and any persons authorised by, a person referred to in paragraphs (a) to (e).