(1) In these Regulations -
"the 2000 Act" means the Financial Services and Markets Act 2000 [2000 c.8.];
"agent" means a person who acts on behalf of an authorised payment institution or a small payment institution in the provision of payment services;
"authorised payment institution" means - (a) a person included by the Authority in the register as an authorised payment institution pursuant to regulation 4(1)(a); or (b) a person deemed to have been granted authorisation by the Authority by virtue of regulation 121;
"the Authority" means the Financial Conduct Authority;
"branch" means a place of business of an authorised payment institution, a small payment institution, or an EEA authorised payment institution, other than its head office, which forms a legally dependent part of the institution and which carries out directly all or some of the transactions inherent in its business; and, for the purposes of these Regulations, all places of business set up in the same EEA State