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(1)The Secretary of State may give the Commission—
(a)guidance as to the exercise of its functions;
(b)general or specific directions as to the exercise of its functions.
(2)In exercising its functions, the Commission must—
(a)have regard to any guidance under subsection (1)(a), and
(b)comply with any directions under subsection (1)(b).
(3)Guidance or directions under this section must be in writing.
(4)Power under this section to give guidance or directions includes power to vary or revoke guidance or directions given in previous exercise of the power.
(5)The Secretary of State must lay before Parliament a copy of any direction given under subsection (1)(b).
(6)The Secretary of State may exclude from what is laid before Parliament—
(a)any information which the Secretary of State considers to be against the commercial interests of any person;
(b)any information which relates to an individual who can be identified from that information.