(1) The Minister is for the purposes of these Regulations designated as the competent authority in the State on the security of network and information systems in respect of operators of essential services in the sectors set out in Schedule 1 other than -

(a) the sector set out at number 3 of column (1) of Schedule 1, and

(b) the sector set out at number 4 of column (1) of Schedule 1.

(2) The Central Bank of Ireland is for the purposes of these Regulations designated as the competent authority in the State on the security of network and information systems in respect of operators of essential services in the following sectors:

(i) the sector set out at number 3 of column (1) of Schedule 1

(ii) the sector set out at number 4 of column (1) of Schedule 1.

(3) A competent authority referred to in paragraph (1) or (2) shall, in respect of each sector in respect of which it is designated as the competent authority -