(1) In this Regulation, "power" means a power conferred by any enactment whether a power to make an instrument or to do any other thing.

(2) Subject to paragraph (3), a power shall not be exercised in a manner that results in a restriction or limitation on the right referred to in Regulation 4(2) taking effect.

(3) Paragraph (2) does not apply if the restriction or limitation resulting from the exercise of the power concerned -

(a) is warranted on the ground that it is necessary for one or more of the following reasons (each of which is referred to in paragraphs (b) and (c) as an "objective") -

(i) public policy, in particular the prevention, investigation, detection and prosecution of offences (including offences relating to protection of minors and relating to incitement to hatred on grounds of race, sex religion or nationality),

(ii) the protection of public health,

(iii) the safeguarding of national security and defence, and

(iv) the protection of consumers, and investors acting as consumers,