For the purposes of this Directive:
1. "depositary" shall mean any institution entrusted with the duties mentioned in Articles 7 and 14 and subject to the other provisions laid down in Sections IIIa and IVa;
2. "management company" shall mean any company, the regular business of which is the management of UCITS in the form of unit trusts/common funds and/or of investment companies (collective portfolio management of UCITS); this includes the functions mentioned in Annex II;
3. "a management company's home Member State" shall mean the Member State, in which the management company's registered office is situated;
4. "a management company's host Member State" shall mean the Member State, other than the home Member State, within the territory of which a management company has a branch or provides services;
5. "a UCITS home Member State" shall mean: (a) with regard to a UCITS constituted as unit trust/common fund, the Member State in which the management company's registered