A person has qualified privilege in respect of the giving of information if:
(a) the person gives the information to any of the following persons or bodies:
(i) a market licensee;
(ii) a CS facility licensee;
(iii) a person acting under an arrangement to operate a licensed market or supervise a licensed CS facility;
(iv) a foreign person or body responsible for the supervision of the operation in a foreign country of a financial market or clearing and settlement facility; and
(b) the information is in relation to a contravention or suspected contravention of this Act or the operating rules of the market or facility concerned.