The Act of 1942 is amended -

(a) in section 33AK(10), in the definition of "supervisory EU legal acts" -

(i) by renumbering the second paragraph (ai) as paragraph (aj), and

(ii) by the insertion of the following paragraph after paragraph (aj) (as renumbered by subparagraph (i)):

"(ak) Regulation (EU) 2019/2033 of the European Parliament and Council of 27 November 2019 [OJ No. L. 314, 5.12.2019, p. 1.];",

(b) in section 33BC, by the insertion of the following subsection after subsection (15):

"(16) This section shall not apply where Regulation 17 of the European Union (Investment Firms) Regulations 2021 (S.I. No. 355 of 2021) applies.",

(c) by the insertion of the following section after section 33ANF:

"33ANG. Application of Part under Investment Firms Directive

(1) This Part applies in relation to -

(a) the commission or suspected commission by an investment holding company, a mixed financial holding company or a mixed activity holding company of a contravention of -

(i) a relevant provision,