0 a piece of information about a product that is known only to the particular company that makes it:
1 a piece of information about a product that is known only to the company that makes it:
2 a valuable piece of information about a product, project, etc. which is known only to people in the company involved, and which is kept secret from competitors:
He was fired for revealing the company's trade secrets to a competitor.
High profits are kept a secret from competitors; a well-preserved trade secret may lead to "extraordinary gains" (60).
Section 118(1) restricts the disclosure of "any information with respect to any manufacturing process or trade secret" obtained on inspection.
There is no reference there to particulars of individual contracts, or anything in the nature of a trade secret, or any advantage.
That would not be a trade secret, but something that could damage the body about which they were talking.
But it is not clear to me who decides what is or is not a "trade secret".
Occasionally it may happen that a notice refers to a chemical or process which is a trade secret.
Clause 41(1) refers to information that constitutes a trade secret.
Moreover, information on the identification of chemicals was classified as a trade secret.