(1) The Alternative Investment Fund Managers Regulations 2013 [S.I. 2013/1773.] are amended as follows.
(2) In regulation 2(1) [Regulation 2(1) was amended by S.I. 2013/1797 and S.I. 2014/1292.] (interpretation) insert the following definitions in the appropriate places -
""ELTIF Regulation" means Regulation (EU) No 2015/760 of the European Parliament and of the Council of 29th April 2015 on European Long-term Investment Funds;
"ELTIF" means an AIF that is authorised as a European long-term investment fund under Article 6 of the ELTIF Regulation;
"EEA ELTIF" means an ELTIF that has been authorised by a competent authority other than the FCA under the ELTIF Regulation;
"UK ELTIF" means an ELTIF that has been authorised by the FCA under the ELTIF Regulation;".
(3) After Part 3 (Small AIFMs) insert -
23A. Manner of application for ELTIF authorisation
(1) An application for authorisation as a UK ELTIF under Article 5 of the ELTIF Regulation must -
(a) be made in such