information that is by nature confidential

means trade, business or industrial information that-

a)	belongs to a person or the State;

b)	has a particular economic value; and

c)	is not generally available to or known by others, and the disclosure of which could-

i)	result in a significant adverse effect on the owner, or on the person that provided the information; or

ii)	give a significant competitive advantage to a competitor of the owner;