Provision of information
12 Provision of information
A subsidiary must, at the request of the joint planning board, furnish to the joint planning board information or records in the possession or control of the subsidiary as the joint planning board may require in such manner and form as the joint planning board may require.
If the board of management of the subsidiary considers that information or a record furnished under this clause contains matters that should be treated as confidential, the board of management may advise the joint planning board of that opinion giving the reason for the opinion and the joint planning board may, subject to subclause (3), act on that advice as the joint planning board thinks fit.
If the joint planning board is satisfied on the basis of the board of management's advice that the subsidiary owes duty of confidence in respect of a matter, the joint planning board must ensure the observance of that duty in respect of the matter, but this subclause does not prevent a disclosure as required in the proper performance of the functions or duties of the joint planning board.
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