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(1)Information is exempt information if—
(a)it constitutes a trade secret; or
(b)its disclosure under this Act would, or would be likely to, prejudice substantially the commercial interests of any person (including, without prejudice to that generality, a Scottish public authority).
(2)Information is exempt information if its disclosure under this Act would, or would be likely to, prejudice substantially—
(a)the economic interests of the whole or part of the United Kingdom; or
(b)the financial interests of an administration in the United Kingdom.
(3)In subsection (2), “administration in the United Kingdom” has the same meaning as in section 28(2).
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Text created by the Scottish Government to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills.
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