(1) Section 123B of the Principal Act is amended -

(a) in subsection (1) -

(i) by deleting the definitions of "bank" and "building society",

(ii) by inserting the following definitions:

"'cash transaction' means a transaction by means of which a person obtains cash from an automated teller machine situated in the State by means of a cash card or a combined card;

'credit institution' has the same meaning as it has in the European Union (Capital Requirements) Regulations 2014 (S.I. No. 158 of 2014);

'credit union' has the same meaning as it has in the Credit Union Acts 1997 to 2012;

'financial institution' has the same meaning as it has in the European Union (Capital Requirements) Regulations 2014;",

(iii) by substituting the following for the definition of "card account":

"'card account' means an account maintained by a promoter to which -

(a) amounts of cash obtained by a person by means of a cash card are charged, or

(b) amounts in respect of goods, services or cash obtained by a person by means of a combined card or debit card are charged;",

(iv) in the definition of "basic payment account", by substituting "one of the following" for "one of the following banks",