(1) Where the Treasury in accordance with section 3(4) or 7(4) inform only certain persons of a designation, they may specify that information contained in it is to be treated as confidential.
(2) A person ("P") who -
(a) is provided with information that is to be treated as confidential in accordance with subsection (1), or
(b) obtains such information,
must not, subject to subsection (3), disclose it if P knows, or has reasonable cause to suspect, that the information is to be treated as confidential.
(3) The prohibition in subsection (2) does not apply to any disclosure made by P with lawful authority.
(4) For this purpose information is disclosed with lawful authority only if and to the extent that -
(a) the disclosure is by, or is authorised by, the Treasury,
(b) the disclosure is by or with the consent of the designated person,
(c) the disclosure is necessary to give effect to a requirement imposed under or by virtue of this Part or any other enactment, or
(d) the disclosure