The Act of 1990 is amended by substituting the following for section 14:

"14. Disclosure of confidential information

(1) Except in the circumstances specified in subsection (3) a person shall not disclose confidential information obtained by him or her while performing functions as -

(a) a member, or member of the staff, of the Agency,

(b) a member of the Investment Committee or any committee established under section 5B, or

(c) an adviser or consultant or other person providing services to the Agency or as a member of the staff of such adviser or consultant or other person.

(2) A person who contravenes subsection (1) shall be guilty of an offence and shall be liable -

(a) on summary conviction, to a class A fine or imprisonment for a term not exceeding 6 months or both, or

(b) on conviction on indictment, to a fine or imprisonment for a term not exceeding 2 years or both.

(3) A person does not contravene subsection (1) by disclosing confidential information if the disclosure -

(a) is made in the performance of functions of the Agency,

(b) is made to or authorised by the Agency,

(c) is made to the Minister,