(1)A person who discloses information which he has obtained by virtue of this Part of this Act and which relates to the affairs of a particular business shall be guilty of an offence unless he does so—
(a)with the consent of the person for the time being carrying on the business; or
(b)in the exercise of functions under this Part of this Act.
(2)A person guilty of an offence under this section shall be liable—
(a)on summary conviction, to a fine not exceeding the statutory maximum; and
(b)on conviction on indictment, to imprisonment not exceeding two years or a fine or both.