| 2) | Subject to subsection (3), any information- |
| a) | obtained by the Reserve Bank in terms of subsection (1); and |
is confidential and may not be disclosed by any director or officer of the Reserve Bank to any person, except to an officer of the Reserve Bank who requires that information for purposes of the execution of his or her duties in terms of this Act, the South African Reserve Bank Act, the Banks Act, the Co-operative Banks Act or the Mutual Banks Act.
| 3) | Despite subsection (2) of this section and section 33 of the South African Reserve Bank Act, the Reserve Bank may disclose information- |
| a) | in the course of performing functions under any law; |
| b) | for the purpose of legal proceedings; |
| c) | when required to do so by a court; |
| d) | if in the opinion of the Reserve Bank, disclosure is in the public interest, or |
| e) | that is already publicly available. |
| 4) | A person that contravenes the provisions of subsection (2) is guilty of an offence. |
