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Paragraph 3 F1

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

An AIFM in so far as it manages one or more AIFs whose only investors are—

(a)

the AIFM,

(b)

the parent undertakings of the AIFM,

(c)

the subsidiaries of the AIFM, or

(d)

other subsidiaries of those parent undertakings,

provided that none of the investors is an AIF.

Annotations

Textual amendments

F1

Schs. 6-8 inserted (22.7.2013) by The Alternative Investment Fund Managers Regulations 2013 (S.I. 2013/1773), reg. 1, Sch. 2 para. 1(17)