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Item |
Provision affected |
Amendment |
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1. |
(a) In paragraph (1), insert the following definition after the definition of “Articles”: |
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“ 'Bank' means the Central Bank and Financial Services Authority of Ireland;”; |
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(b) in paragraph (1), substitute the following definition for the definition of “competent authority”: |
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“ 'competent authority' means the Bank or, in the case of another Member State, the body or bodies designated by that State to act as a competent authority for the purposes of the Directive;”. |
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2. |
Substitute the following regulation: |
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“Bank to be competent authority |
6.—(1) The Bank is designated as a competent authority to carry out the duties provided for in the Directive and has all the powers necessary for that purpose. |
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(2) The Bank may arrange for its functions as a competent authority to be performed by any constituent Part of the Bank or by | |||
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 May 2003 - onwards