21Power to disclose information

21 Power to disclose information

(1)  In this section –

potential purchaser means a person determined by the Treasurer to be a potential purchaser of –

(a) the shares in TOTE Tasmania or in a TOTE subsidiary; or

(b) the business of TOTE Tasmania or of a TOTE subsidiary.

(2)  Each of the following persons may disclose information to one or more of the other following persons, or to one or more of the persons referred to in subsection (3)(a) , (b) , (c) or (e) , as the person considers necessary or convenient for the purposes of facilitating a sale under section 5 of shares in, or the business of, TOTE Tasmania or a TOTE subsidiary:

(a) TOTE Tasmania;

(b) a director or employee of TOTE Tasmania;

(c) a TOTE subsidiary;

(d) a director or employee of a TOTE subsidiary;

(e) the Treasurer;

(f) a person providing professional advice to the Treasurer on any matter relating to such a sale;

(g) the Auditor-General;

(h) a person, or a person of a class, authorised by the Treasurer, in writing, to disclose information.

(3)  A person to whom information is disclosed under this section must not disclose that information to a person who is not –

(a) the potential purchaser; or

(b) a director, agent or employee of the potential purchaser; or

(c) a person providing professional advice to the potential purchaser on any matter relating to the potential purchase; or

(d) a person referred to in subsection (2) ; or

(e) a person, or a person of a class, authorised by the Treasurer, in writing, to receive that information.