1. The purposes set out in paragraphs 2 to 25 are specified for the purposes of Regulation 69A(1).
(1) To specify how the thresholds referred to in regulation 9(1) are to be calculated and the treatment of AIFMs which manage AIFs whose assets under management, including any assets acquired through the use of leverage, occasionally exceed or fall below the relevant threshold in the same calendar year.
(2) To specify further the obligations of small AIFMs to register (including by amending regulations 10 and 11) and to provide information in order to allow effective monitoring of systemic risk [The powers in this paragraph are transferred from Article 3(6) of the Alternative Investment Fund Managers Directive (2011/61/EU) ("Directive 2011/61/EU").].
3. To specify -
(a) the methods of leverage, including any financial or legal structures involving third parties controlled by the relevant AIF; and
(b) how leverage is to be calculated [The powers in this paragraph are tran
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