(1) A person who acquires knowledge in his or her capacity as a secretary, an officer, employee or agent of the Government shall not disclose to a person or governmental authority the identity, assets, liabilities, transactions or other information in respect of a holder except —
(a) with the written authorisation of the holder or of his or her heirs or personal representatives;
(b) for the purpose of the performance of his or her duties within the scope of his or her employment in conformity with this Act or Rules governing the operations of the Securities Exchange and the Securities Registry;
(c) when lawfully required to make disclosure by a court of competent jurisdiction within or outside Saint Lucia; or
(d) under the laws of Saint Lucia or an agreement among the participating Governments.
(2) A person who contravenes subsection (1) commits an offence and is liable on summary conviction to a fine not exceeding $25,000 or to imprisonment for a term not exceeding 5 years or to both.