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Transfers to be subject to stamp duty 177. The transfer of, and vesting in, the transferee financial institution of an undertaking by a Banking Business Vesting Order shall, unless exempted (either generally or in some particular case) by the Banking Business Vesting Order, be subject to the provisions of the (Stamp [Duty]etc. Act) as if the Banking Business Vesting Order was, in each of the cases in which the duty is imposed on the several instruments specified in the Schedule to the (Act/Ordinance), an instrument between party and party within the contemplation of the (Act/Ordinance).

PART XIV MISCELLANEOUS PROVISIONS

Secrecy of information 178. (1)

No person who has acquired knowledge in his capacity as director, officer, secretary, employee or agent of any licensed financial institution or as its auditor, receiver, official administrator or official liquidator shall disclose to any person or governmental authority the identity, assets, liabilities, transactions or other information in respect of a depositor or customer of a licensed financial institution except: (a) with the written authorisation of the depositor or customer or of his heirs or legal personal representatives; or (b) when required in conformity with the provisions of this Act; or (c) when lawfully required to make disclosure by any court of competent jurisdiction within [Territory]; or (d) under the provisions of any law of [Territory] or agreement among the Participating Governments.

(2)

Except that nothing shall prevent: (i)

a licensed financial institution or any individual referred to above, from providing to a person, upon a legitimate business request, a general credit

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