Section 91 of the Principal Act is amended -

(a) in subsection (2) -

(i) in paragraphs (b) and (c), by substituting "pool" for "pools",

(ii) in paragraph (e), by substituting "comprised" for "included",

(iii) in paragraph (k), by substituting "prescribe requirements" for "supplement the provisions of this Act", and

(iv) by substituting the following for paragraph (l):

"(l) prescribe requirements relating to entering into reciprocal arrangements with qualifying countries in accordance with section 102.",

and

(b) by inserting the following after subsection (2):

"(2A) The Authority may, by regulatory notice published in Iris Oifigiúil, impose requirements consistent with the provisions of this Act so as to ensure that asset covered securities meet criteria which apply in relation to article 22(4) securities which qualify as covered bonds under -

(a) the Codified Banking Directive, or