Section 3(2)

Delete "Every regulation", substitute "Subject to section 24B(5), every regulation".

Section 8(3)

After paragraph (h), insert:

"(ha) shall promote the interests of consumers of financial services by—

(i) providing information in relation to financial services, including information in relation to the costs to consumers, and the risks and benefits associated with the provision of those services, and

(ii) promoting the development of financial education and capability,".

After section 8, insert:

"Supplementary powers of Agency with respect to carrying out certain responsibilities.

8A.—(1) To enable the Agency to perform the functions set out in section 8(3)(ha), the Agency may—

(a) undertake studies, analyses and surveys with respect to the provision of relevant financial services to consumers,

(b) collect and compile information for that purpose, and

(c) publish the results of any such studies, analyses or surveys.

(2) In undertaking such a study, analysis or survey, the Agency—

(a) may, by notice in writing, require any person who, in the opinion of the Agency has information, or has control of a record or other thing, that is relevant to the study, analysis or survey to provide the information, record or thing to the Agency, and