(1) In this section -
'AIF' means an alternative investment fund within the meaning of the relevant AIFM Directives;
'AIFM' means alternative investment fund manager;
'alternative investment fund manager' means a person whose regular business is managing one, or more than one, AIF;
'branch or agency' has the same meaning as in section 4;
'EEA state' has the same meaning as in section 747B;
'management company', in relation to a relevant UCITS, means a management company within the meaning of the relevant UCITS Directives;
'relevant AIF' means an AIF which is formed under the laws of a jurisdiction other than the State and which is not an investment undertaking within the meaning of section 739B;
'relevant AIFM Directives' means Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 [OJ No. L174, 1.7.2011, p.1] on Alternative Investment Fund Managers and any Directive amending that Directive;
'relevant profits', in relation to a relevant UCITS or a relevant AI
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