(1) Except as provided by subsection (2), the Payment Systems Regulator must consult the FCA Cost Benefit Analysis Panel, and that Panel must provide advice, about the following matters -
(a) the preparation of a cost benefit analysis under section 104(3)(a) or (6);
(b) the preparation of its statement of policy under section 104H.
(2) The requirement to consult under subsection (1)(a) does not apply in such cases as may be set out in the statement of policy maintained under section 104H.
(3)The FCA Cost Benefit Analysis Panel must -
(a) keep under review how the Payment Systems Regulator is performing generally in carrying out its duties under section 104(3)(a) and (6), and
(b) provide to the Payment Systems Regulator whatever recommendations the Panel thinks appropriate as a result of such review.
(4) The Payment Systems Regulator must consider representations that are made to it by the FCA Cost Benefit Analysis Panel.
(5) The Payment Systems Regulator must from time to time publish
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