27. Substitution of Part V of Central Bank Act 1997.
The Central Bank Act 1997 is amended by substituting the following Part for Part V:
"Part V Supervision of Regulated Businesses
Chapter 1 Introductory provisions
In this Part -
'Appeals Tribunal' means the Irish Financial Services Appeals Tribunal established under Part VIIA of the Central Bank Act 1942;
'authorisation' means an authorisation authorising a person to carry on -
(a) a bureau de change business, or
(b) a money transmission business,
and, if an authorisation is amended in accordance with section 34, means the authorisation as amended;
'bureau de change business' means a business that comprises or includes providing members of the public with a service that involves buying or selling foreign currency, other than a service that is provided -
(a) by a person or body regulated by the Bank referred to in section 32 (1) (a) to (k) of the Criminal Justice Act 1994, or
(b) by a person or body prescribed as a designated body under section 32(10) (a) of that Act (but only if the person or body is regulated by the Bank under a designated enactment or designated statutory instrument), or
(c) by a person or body on an ancillary basis in the ordinary course of providing services to customers of the person or body;
'inspector' means a person holding office as an inspector under section 36G;