The functions of the Consultative Consumer Panel are as follows:
(a) to monitor the performance by the Regulatory Authority of its functions and responsibilities under this Act;
(b) to provide the Regulatory Authority with comments with respect to the performance of its functions and responsibilities;
(ba) to provide the Regulatory Authority with comments and suggestions with respect to the performance of the financial services industry;
(c) to provide the Regulatory Authority with suggestions for initiatives that, in the Panel's opinion, that Authority should take with respect to the performance of its functions and responsibilities;
(d) when the Regulatory Authority so requests, to comment on a policy document or regulatory document, or a proposed policy document or proposed regulatory document, prepared by that Authority;
(e) to provide the Regulatory Authority with comments on that Authority's draft estimate of income and expenditure for each financial year.