Section 50: Confidentiality and disclosure.

(1) The contents of any license or assignment shall be confidential unless both parties agreed to permit access to a third party and only to the extent of the permission so granted.
(2) The applicant may declare some portion of the application to be confidential, where declared so, the Registrar shall determine whether and the application can be processed without the publication or other violation of that confidentiality, and give the applicant the option of altering his statement of confidentiality or withdraw the application.
(3) Except as otherwise provided for in this Act, any person who discloses any information made available under this Act, except to:
(a) the Minister, the Registrar or any other person for the purposes of carrying out his duties or the performance of his function under this Act,
(b) a police officer for the purposes of an investigation or inquiry relating to the enforcement of the provision of this Act, or
(c) any other person when required to do so by any court or under any written law, commits an offence and is liable on conviction to a fine of at least N5,000,000.00 or to imprisonment for a term of at least two years or to both.