Section 44
Restrictions on disclosure of information by authorized depository agents
of Securities Industry (Central Depositories) Act 1991
ActIn forceProvision 50 of 78
Section 44
Except as provided in subsection 13(2), nothing in this Act shall authorize an authorized depository agent who is—
(a)
a licensed institution as defined in the Banking and
Financial Institutions Act 1989; or
(b)
an Islamic bank licensed under the Islamic Banking Act 1983, to give, divulge, reveal or otherwise disclose any information or document to any person in contravention of those Acts.