30 (b) consisting exclusively of property other than currency, the Serious Offences (Confiscation of Profits) Act [Chapter 9:17] shall apply to the exclusion of this Act; or (b) consisting of both currency and property other than currency⎯ (i) this Act shall apply to such part of the property as consists of currency; and (ii) the Serious Offences (Confiscation of Profits) Act [Chapter 9:17] shall apply to such part of the property as does not consist of currency. PART VI GENERAL 42 Secrecy, immunity and protection of designated institutions (1) This Act shall have effect notwithstanding any obligation as to secrecy or other restriction on the disclosure of information imposed by law or otherwise. (2) No action, suit or other proceedings shall lie against any designated institution, or an officer, employee or other representative of such designated institution, acting in the ordinary course of his or her employment or representation in relation to any action taken in good faith by that designated institution. (3) The identity of any designated institution which makes a report to the Unit shall not be disclosed in any proceedings in a court of law without the consent of the designated institution. 43 Confidentiality (1) Any information reported to the Unit or gathered or discovered by any inspector or officer thereof in the course of exercising his or her functions under this Act shall be confidential to the Unit and no person shall disclose any such information to any other person or body except— (a) in the course of exercising his or her functions under this Act; or (b) to a judge in chambers for the purposes of section seven, eighteen, nineteen, twentynine, thirty or thirty-one; or (c) in accordance with the order of any court; or (d) for the purposes of any prosecution or criminal proceedings. (2) An inspector or member of staff of the Unit who discloses any information referred to in subsection (1) otherwise than in accordance with that provision, or makes use of it for personal gain, shall be guilty of an offence and liable to a fine not exceeding level eight or imprisonment for a period not exceeding three years, or both. 44 Immunity where official powers or functions exercised in good faith No suit, prosecution or other legal proceedings shall lie against the Government, the Reserve Bank, the Unit, an inspector or member of staff of the Unit or any police officer or other person in respect of anything done by or on behalf of that person, with due diligence and in good faith, in the exercise of any power or other performance of any function under this Act or any order made thereunder.

Select target paragraph3

Add to table of contents