PART 1Financial Guidance etc

Unsolicited direct marketing approaches

22Unsolicited direct marketing: other consumer financial products etc

1

The Secretary of State must keep under review whether a prohibition on unsolicited direct marketing in relation to consumer financial products and services other than pensions would be appropriate.

2

If the Secretary of State considers that such a prohibition would be appropriate, the Secretary of State may make regulations applying regulations made under section 21 to other consumer financial products and services (with or without modifications).

3

In considering whether to make such regulations, the Secretary of State must take into account any advice received from the single financial guidance body under section 3(7)(b)(ii) (consumer protection function: advice on effect on consumers of unsolicited direct marketing).

4

The regulations may—

a

make different provision for different purposes;

b

make different provision for different areas;

c

make incidental, supplementary, consequential, transitional or saving provision.

5

Regulations under this section are to be made by statutory instrument.

6

A statutory instrument containing regulations under this section may not be made unless a draft of the instrument has been laid before, and approved by a resolution of, each House of Parliament.