Section 15
Confidentiality
of Ocean Thermal Energy Conversion Enactment 2024
Any person who discloses or makes use of any confidential information with respect to a particular person, including a licensee, or the affairs of an individual obtained by virtue of any provision of this
Enactment commits an offence and shall, on conviction —
16
(a)
be liable to a fine not exceeding five hundred thousand ringgit or to imprisonment for a term not exceeding five years or to both, and for a second or subsequent offence, to a fine not exceeding one million ringgit or to imprisonment for a term not exceeding ten years or to both; or
(b)
if such person is a body corporate, be liable to a fine not exceeding one million ringgit, and for a second or subsequent offence, to a fine not exceeding five million ringgit.
(2)
Nothing in subsection (1) shall operate to prevent the disclosure of information where —
(a)
the disclosure is made with the consent of the person from whom the information was obtained;
(b)
the disclosure is necessary for the performance of the functions or powers of the Commission; or
(c)
the disclosure is made in connection with an investigation of an infringement or an offence under this Enactment.
(3)
For the purposes of this section, “confidential information” means trade, business or industrial information that belongs to any person, that has economic value and is not generally available to or known by others.