Confidentiality of documents
186.—(1) Where the administrator considers, in the case of a document forming part of the records of the special administration—
(a)that it should be treated as confidential, or
(b)that it is of such a nature that its disclosure would be calculated to be injurious to the interests of the investment bank’s creditors, clients, members or contributories,
the administrator may decline to allow it to be inspected by a person who would otherwise be entitled to inspect it.
(2) The persons who may be refused the right to inspect documents under this rule by the administrator include the members of a creditors’ committee.
(3) Where under this rule the administrator refuses inspection of a document, the person who made that request may apply to the court for an order to overrule the refusal and the court may either overrule it altogether, or sustain it, either unconditionally or subject to such conditions, if any, as it thinks fit to impose.
(4) Nothing in this rule entitles the administrator to decline to allow inspection of any claim or proxy.