(2) In this section, references to any person's proceeds of
drug trafficking include a reference to any property which in whole
or in part directly or indirectly represented in his hands his
proceeds of drug trafficking.
(3) Where a person discloses to an authorized officer a
suspicion or belief that any funds or investments are derived from or
used in connection with drug trafficking or any matter on which such
a suspicion or belief is based
(a) if he does any act in contravention of subsection (1) and the
disclosure relates to the arrangement concerned, he does not
commit an offence under this section if the disclosure is
made in accordance with this paragraph, that is -
(i) it is made before he does the act concerned, being
an act done with the consent of the authorized officer; or
(ii) it is made after he does the act, but is made on
his initiative and as soon as it is reasonable for him to
make it;
(b) the disclosure shall not be treated as a breach of any
restriction upon the disclosure of information imposed by
contract; and
(c)
he shall not be liable in damages for any loss arising out
of