(Article 17 of Directive 2011/61/EU)
For the purposes of this Section:
(a) "securitisation" means a securitisation within the meaning of Article 4(36) of Directive 2006/48/EC;
(b) "securitisation position" means a securitisation position within the meaning of Article 4(40) of Directive 2006/48/EC;
(c) "sponsor" means a sponsor within the meaning of Article 4(42) of Directive 2006/48/EC;
(d) "tranche" means a tranche within the meaning of Article 4(39) of Directive 2006/48/EC .