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| | [ninth and tenth SittingS]
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| | Clause 6, page 4, line 15, leave out subsection (3). |
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| | Clause 6, page 4, line 15, at end insert— |
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| | | ‘(3A) | In section 5(2) (matters the FSA must have regard to in considering what degree |
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| | | of consumer protection may be appropriate), insert at end “, including— |
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| | | (i) | advice and information about regulatory action taken in |
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| | | pursuance of this objective, and |
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| | | (ii) | any needs for advice and information identified by the consumer |
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| | | financial education body.”’. |
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| | Clause 6, page 4, line 36, leave out ‘and advice’. |
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| | Schedule 1, page 52, line 31, at end insert— |
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| | | ‘(4) | The board must include at least two members who represent the interests of |
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| | Schedule 1, page 53, line 30, leave out paragraph 6. |
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| | Schedule 1, page 54, line 32, at end insert— |
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| | | ‘(d) | the quantitative and qualitative measures it will use to determine whether |
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| | | it has met its objectives.’. |
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| | Schedule 1, page 58, line 4, leave out sub-paragraph (4). |
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| | Clause 7, page 5, line 18, leave out paragraph (b). |
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| | Clause 8, page 6, line 7, leave out ‘financial stability objective’ and insert |
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| | Clause 9, page 7, line 5, leave out paragraph (a). |
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| | Clause 9, page 7, line 11, leave out ‘first’. |
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| | Clause 9, page 7, line 13, leave out subsections (7) and (8). |
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| | [Adjourned until Tuesday 12 January at 10.00 am |
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