Cap. 476 Art. 6AUnlawful disclosureofinside information.

(1) (a) A person shall not unlawfully disclose inside information.

(b) Any person who intentionally and unlawfully discloses inside information shall be guilty of a criminal offence.

(2) Inciting, aiding or abetting the offence referred to in sub-article (1) shall also amount to a criminal offence.

(3) For the purposes of this article, unlawful disclosure of inside information arises where a person possesses inside information and discloses that information to any other person, except where the disclosure is made in the normal exercise of an employment, a profession or duties, including where the disclosure qualifies as a market sounding made in compliance with Article 11(1) to (8) of the Market Abuse Regulation.

(4) This article applies to any person in the situations or circumstances referred to in article 6(7).

(5) For the purposes of this Act, the onward disclosure of recommendations or inducements referred to in article 6(6) amounts to unlawful disclosure of inside information where the person disclosing the recommendation or inducement knows that it was based on inside information.

(6) This article shall be applied in accordance with the laws of the freedom of the press and the freedom of expression.