AI Summary of Regulation 2 Interpretation
These Regulations define terms for application of the PEPP Regulation: "Act of 1942" means the Central Bank Act 1942 (No. 22 of 1942); "Bank" means the Central Bank of Ireland; "PEPP Regulation" means Regulation (EU) No 2019/1238 of the European Parliament and Council of 20 June 2019 [OJ No. L. 198, 25.7.2019, p.1.]; and "enactment" has the same meaning as in the Interpretation Act 2005 (No. 23 of 2005).
"Contravention" includes a failure to comply with any provision of the PEPP Regulation and expressly includes: attempting to commit a contravention; aiding, abetting, counselling or procuring a person to commit a contravention; inducing, or attempting to induce, a person to commit a contravention; being (directly or indirectly) knowingly concerned in, or a party to, a contravention; and conspiring with others to commit a contravention. A word used in these Regulations that is also used in the PEPP Regulation has, unless the context otherwise requires, the same meaning as in the PEPP Regulation.
Regulation 2 Interpretation
(1) In these Regulations -
"Act of 1942" means the Central Bank Act 1942 (No. 22 of 1942);
"Bank" means the Central Bank of Ireland;
"contravention" includes, in relation to any provision of the PEPP Regulation, a failure to comply with that provision, and also includes - (a) attempting to commit a contravention, (b) aiding, abetting, counselling or procuring a person to commit a contravention, (c) inducing, or attempting to induce, a person (whether by threats or promises or otherwise) to commit a contravention, (d) being (directly or indirectly) knowingly concerned in, or a party to, a contravention, and (e) conspiring with others to commit a contravention;
"enactment" has the same meaning as it has in the Interpretation Act 2005 (No. 23 of 2005);