For the purposes of this Directive:
(a) "economic operator" means a credit or financial institution, any other legal person, or natural person, which on a regular basis or occasionally makes or secures an interest payment within the meaning of this Directive while acting in the exercise of its professional activity;
(b) "place of effective management" of an entity, with or without legal personality, means the address where are taken key management decisions that are necessary for the conduct of the entity's activity as a whole. Where such decisions are taken in more than one country or jurisdiction, the place of effective management shall be considered to be at the address where most of the key management decisions are taken relating to the assets producinginterest payments within the meaning of this Directive;
(c) "place of effective management" of a trust or other legal arrangement means: (i) the permanent address of the natural person who has the principal responsibility for