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Version status: Deleted | Document consolidation status: Updated to reflect all known changes
Version date: 1 October 2010 - onwards
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33S. Responsibilities of Consumer Director.

Deleted from 1 October 2010

 

(1) The Consumer Director is responsible -

(a) for managing the performance and exercise of such of the functions and powers of the Bank under the enactments and statutory instruments specified in subsection (2) as the other members of the Regulatory Authority notify to the Consumer Director in writing from time to time, and

(b) for monitoring the provision of financial services to consumers of those services to the extent that the Consumer Director considers appropriate, having regard to the public interest and to the interests of those consumers.

(2) The following are the enactments and statutory instruments referred to in subsection (1) (a):

(a) the Consumer Credit Act 1995, in so far as that Act relates to the performance or exercise of functions or powers of the Bank;

(b) sections 37 and 52 of the Investment Intermediaries Act 1995, and section 23 of that Act (but only in so far as that section provides for the protection of investors);

(c) sections 38 and 52 of the Stock

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