(1) In these Regulations except where the context otherwise requires -
"alternative investment fund manager"means a manager of alternative funds (within the meaning of Article 4(1)(b), (l) and (ab) of Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 [OJ No. L 174, 1.7.2011, p. 1], or an undertaking the registered office of which is not in a Member State and which would require authorisation under that Directive if its registered office were within a Member State;
"asset management company" means - (a) a management company within the meaning of Article 1a(2) of the UCITS Directive, or (b) an undertaking the registered office of which is not located within a Member State but which would require authorisation in accordance with Article 5(1) of that Directive if it had its registered office within such a State;
"associate" has the meaning given by paragraph (2)(a);
"authorised officer" means an authorised officer appointed under Part 3 of the Central
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