In this Part, a reference to an AIFM is to -
(a) a full-scope UK AIFM; or
(b) a third country AIFM to which the requirement at regulation 59(3) applies, with respect to the AIFs by virtue of which that requirement applies.
In this Part, a reference to an AIFM is to -
(a) a full-scope UK AIFM; or
(b) a third country AIFM to which the requirement at regulation 59(3) applies, with respect to the AIFs by virtue of which that requirement applies.