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Version status: In force | Document consolidation status: No known changes
Version date: 1 January 2024 - onwards
Version 2 of 2

Regulation 3

The Value-Added Tax Consolidation Act 2010 (No. 31 of 2010) is amended by the insertion of the following Part after Part 9:

"PART 9A REPORTING OBLIGATIONS OF CERTAIN PAYMENT SERVICE PROVIDERS

85A. Interpretation

(1) In this Part –

'BIC' has the same meaning as it has in point (16) of Article 2 of the SEPA Regulation;

'cross-border payment' shall be construed in accordance with section 85B;

'home Member State' has the same meaning as it has in point (1) of Article 4 of the Payment Services Directive;

'host Member State' has the same meaning as it has in point (2) of Article 4 of the Payment Services Directive;

'IBAN' has the same meaning as it has in point (15) of Article 2 of the SEPA Regulation;

'payee' has the same meaning as it has in point (9) of Article 4 of the Payment Services Directive;

'payer' has the same meaning as it has in point (8) of Article 4 of the Payment Services Directive;

'payment account' has the same meaning as it has in point (12) of Article 4 of the Payment Services Directive;

'Payment Services Directive' means Directive (EU) 2015/2366 of the European Parliament and of the Council of 25 November 2015 [OJ No. L. 337, 23.12.2015, p.35.] on payment services in the internal market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and Regulation (EU) No 1093/2010, and repealing Directive 2007/64/EC;