4.—(1) Article 6 (regulatory aspects) is amended as follows.
(2) In paragraph 1—
(a)for “the entity designated by the Member State” substitute “the regulatory authority”;
(b)omit the words from “The designated entity” to the end.
(3) In paragraph 2—
(a)for “For” substitute “The regulatory authority may determine that”;
(b)for the words from “, Member States” to the end substitute “are to be subject to its approval”.
(4) In paragraph 3—
(a)for “Member States, competent entities” substitute “the regulatory authority”;
(b)in point (d), omit “, including as required by national legislation”;
(c)in point (f), for “agreed European” substitute “applicable”.
(5) In paragraph 4, for “competent entity” substitute “regulatory authority”.
(6) In paragraph 5, omit “relevant” (in the third place it occurs).
(7) In paragraph 6, for “Competent entities” substitute “The regulatory authority”.
(8) In paragraph 9, for “Member States” substitute “the regulatory authority”.