(1) Subject to subsection (2), the Minister may, after consultation with such persons as he or she considers appropriate, by regulations prescribe further information that is to be provided by the trader to the consumer before a consumer is bound by -

(a) an on-premises contract or any corresponding offer, or

(b) a particular on-premises contract or corresponding offer of such description or class as may be prescribed in relation to the further information concerned.

(2) In making regulations under subsection (1), the Minister shall have regard to the objective of ensuring that the information provided to consumers before they enter into on-premises contracts or corresponding offers is adequate to enable them to make informed decisions.

(3) In complying with subsection (2), the Minister shall take account in particular of the following matters:

(a) the adequacy of the information provided to consumers under section 101(1);

(b) the nature of the further information to be provided to consumers and the manner of its provision;

(c) the cost to traders of providing the further information;