50A. (1) The Bank shall carry out an assessment of the costs and benefits of regulations it proposes to make under section 48 before making such regulations.

(2) An assessment referred to in subsection (1) shall include an assessment of the potential impacts of the proposed regulations on customers and fair competition in the financial markets in the State.

(3) The Bank shall, not later than the date of the making of any regulations under section 48, publish any assessment carried out under subsection (1) on a website maintained by it or on its behalf.]