The Principal Act is amended -

(a) in section 2(1), by inserting the following definition:

"'payment service provider' has the meaning given to it by section 289A;",

(b) in section 5, by substituting the following subsection for subsection (4):

"(4) Fees incurred on foot of an arrangement under section 289A with a payment service provider, subject to the arrangement concerned and the agreement of the Minister for Public Expenditure and Reform as to the manner of payment, shall be paid by the Minister out of the Social Insurance Fund to the payment service provider.",

(c) in section 242 -

(i) in subsection (1), by substituting the following paragraph for paragraph (c):

"(c) the payment of specified benefits through a payment service provider.",

(ii) by inserting the following subsections after subsection (3):

"(4)