Regulation 4 Competent authorities for purposes of SEPA Regulation and these Regulations.
(1) Subject to paragraph (2), the Bank is the competent authority in the State for the purposes of the SEPA Regulation and these Regulations.
(2) As respects each of the following cases, namely -
(a) a case under Article 9(1) of the SEPA Regulation where the payee is a consumer and the payer is a trader, and
(b) a case under Article 9(2) of that Regulation where the payer is a consumer and the payee is a trader,
the Competition and Consumer Protection Commission is the competent authority in the State -
(i) for the purposes of the SEPA Regulation, and
(ii) for the purposes of these Regulations,