[2H Secondary competition objective and duty to have regard to regulatory principles]
[2H Secondary competition objective and duty to have regard to regulatory principles]

[(1)     When discharging its general functions in a way that advances its objectives (see section 2F), the PRA must so far as is reasonably possible act in a way which, as a secondary objective, facilitates effective competition in the markets for services provided by PRA-authorised persons in carrying on regulated activities.

(2)     In discharging its general functions, the PRA must also have regard to the regulatory principles in section 3B.]

[. . .]