After article 52A of the principal Order, insert -
"CHAPTER XIA PROVIDING BASIC ADVICE ON STAKEHOLDER PRODUCTS
The activity
Providing basic advice on stakeholder products
(1) Providing basic advice to a retail consumer on a stakeholder product is a specified kind of activity.
(2) For the purposes of paragraph (1), a person ("P") provides basic advice when -
(a) he asks a retail consumer questions to enable him to assess whether a stakeholder product is appropriate for that consumer; and
(b) relying on the information provided by the retail consumer P assesses that a stakeholder product is appropriate for the retail consumer and -
(i) describes that product to that consumer;
(ii) gives a recommendation of that product to that consumer; and
(c) the retail consumer has indicated to P that he has understood the description and the recommendation in sub-paragraph (b).
(3) In this article -
"retail consumer" means any person who is advised by P on the merits of opening or buying a stake
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