(1) Subject to subsection (2), during his term of office or at any time thereafter, an officer of a credit union shall not disclose or permit to be disclosed any information which concerns an account or transaction of a member with, or any other business of, the credit union.
(2) Subsection (1) does not apply to a disclosure of information -
(a) if or to the extent that it is necessary for the proper conduct of the business of the credit union; or
(b) which is required by a court in connection with any proceedings; or
(c) which is made with the consent of the person to whom the information relates and, where not the same person, of the person from whom the information was obtained; or
(d) which, in a case where the credit union is acting or has acted as agent for a person, is made to that person in respect of that capacity; or
(e) where the information is in the form of a summary or collection of information and is so framed as not to enable information relating to a particular member
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