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Version date: 1 October 2010 - onwards
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62. Meaning of "State competent authority".

(1) In this Part, a reference to a State competent authority is a reference to one of the following competent authorities:

(a) the Central Bank of Ireland;

(b) the Minister;

(c) such other competent authority as is prescribed.

(2) The Minister may prescribe a competent authority as a State competent authority for the purposes of subsection (1)(c) only if -

(a) the Minister is satisfied that the competent authority is appropriate, having regard to the functions of State competent authorities under this Part, and

(b) the competent authority is a Minister of the Government or an officer of a particular class or description of a Department of State or is a body (not being a company) by or under an enactment.