911. Protection in relation to certain disclosures: information provided to Registrar
Past version: effective from 14/06/2015 - 13/06/2015
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(1) A person who makes a relevant disclosure is not liable by reason only of that disclosure in any proceedings relating to a breach of an obligation of confidence.
(2) A relevant disclosure is a disclosure which satisfies each of the following conditions—
(a) it is made to the Registrar otherwise than in compliance with a requirement under this Part,
(b) it is of a kind that the person making the disclosure could be required to make in pursuance of this Part,
(c) the person who makes the disclosure does so in good faith and in the reasonable belief that the disclosure is capable of assisting the Registrar for the purposes of the exercise of his functions under this Part,
(d) the information disclosed is not more than is reasonably necessary for the purpose of assisting the Registrar for the purposes of the exercise of those functions,
(e) the disclosure is not one falling within subsection (3) or (4).
(3) A disclosure falls within this subsection if the disclosure is prohibited by virtue of any law or regulation applicable in the Abu Dhabi Global Market whenever passed or made.
(4) A disclosure falls within this subsection if—
(a) it is made by a person carrying on the business of banking or by a lawyer, and
(b) it involves the disclosure of information in respect of which he owes an obligation of confidence in that capacity.