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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 16 July 2013 - onwards
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Regulation 27 Scope.

(1) This Division shall apply to the following:

(a) an AIFM managing one or more than one AIF which either individually or jointly on the basis of an agreement aimed at acquiring control, acquires control of a non-listed company in accordance with paragraph (5);

(b) an AIFM cooperating with one or more other alternative investment fund managers on the basis of an agreement pursuant to which the alternative investment funds managed by those fund managers jointly, acquire control of a non-listed company in accordance with paragraph (5).

(2) This Division shall not apply where the non-listed company concerned is:

(a) a small or medium-sized enterprise within the meaning of Article 2(1) of the Annex to Commission Recommendation 2003/361/EC of 6 May 2003 concerning the definition of micro, small and medium-sized enterprises [OJ L 124, 20.5.2003, p. 36.]; or

(b) a special purpose vehicle with the purpose of purchasing, holding or administrating real

(3) Without prejudice to paragraphs (1) an

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