Finance Act 2015
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Amendment of section 124 of Principal Act (credit cards and charge cards) | ||
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65. Section 124 of the Principal Act is amended in subsection (1)(a) — | ||
(a) by substituting the following for the definition of “bank”: | ||
“ ‘bank’ means a credit institution or a financial institution other than a credit union or An Post and any of its subsidiaries;”, | ||
and | ||
(b) by inserting the following definitions: | ||
“ ‘credit institution’ has the same meaning as it has in the European Union (Capital Requirements) Regulations 2014 ( S.I. No. 158 of 2014 ); | ||
‘credit union’ has the same meaning as it has in the Credit Union Acts 1997 to 2012; | ||
‘financial institution’ has the same meaning as it has in the European Union (Capital Requirements) Regulations 2014;”. |