Finance committee  It can be found on the finance website.

Finance committee  That's right. It would give the regulation-making authority.

Finance committee  Yes.

Finance committee  That's not within the scope of this.

Finance committee  There is an element that deals with that. It requires explicit consumer consent for them to get a new card that could potentially have higher fees for the merchant.

Finance committee  Largely, this is much more focused on the business practices of networks and merchants per se, so it doesn't touch on that issue.

Finance committee  A lot of those instances are within the scope of the code, which allows merchants to choose which debit and credit services they accept, and to be able to opt out of contracts and into contracts. So it's very much targeted at dealing with those very real concerns that merchants face.

Finance committee  This legislation providing the regulatory authority really targets the business practices between networks and merchants and acquirers. We have other consumer protection legislation that deals with a broader set of issues, but this is quite targeted at that relationship.

Finance committee  Yes.

Finance committee  That's right.

Finance committee  As we've said, this is really to protect information received by the commissioner. To the extent that any person contravenes their responsibilities outlined in the law, that's a clear contravention of the law. But I'm not an expert on the judicial system and how it would proceed.

Finance committee  Not in this bill.

Finance committee  Are you speaking of the information held by the commissioner, or the information—

Finance committee  This provision is targeted at the commissioner. It's to protect the confidentiality of information, because, clearly, the commission receives a lot of sensitive business information. You see this in other legislation, with the Superintendent of Financial Institutions, for example.

Finance committee  Sanctions on whom? Are you talking about sanctions on the commissioner? This is targeted at information received by the regulator.