1. For the purposes of this Directive the following definitions apply:

(a) "depositary" means an institution entrusted with the duties set out in Articles 22 and 32 and subject to the other provisions laid down in Chapter IV and Section 3 of Chapter V;

(b) "management company" means a company, the regular business of which is the management of UCITS in the form of common funds or of investment companies (collective portfolio management of UCITS);

(c) "management company's home Member State" means the Member State in which the management company has its registered office;

(d) "management company's host Member State" means a Member State, other than the home Member State, within the territory of which a management company has a branch or provides services;

(e) "UCITS home Member State" means the Member State in which the UCITS is authorised pursuant to Article 5;