Financial Guidance and Claims Act 2018

22Unsolicited direct marketing: other consumer financial products etcU.K.

This section has no associated Explanatory Notes

(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.