(1) In this section -
'beneficial owner', in relation to an undertaking, is any individual who is a beneficial owner within the meaning of -
(a) the Investment Limited Partnerships Act 1994, or
(b) the Investment Funds, Companies and Miscellaneous Provisions Act 2005,
and in applying this Chapter to a relevant partnership the beneficial owner of the partnership shall be identified in the same manner as the beneficial owner of an investment limited partnership is identified;
'collective investment scheme' means a relevant investment undertaking -
(a) that is widely held, and
(b) which holds a diversified portfolio of assets;
'relevant AIFM' means an AIFM, within the meaning of the European Union (Alternative Investment Fund Managers) Regulations 2013 (S.I. No. 257 of 2013), authorised under those Regulations;
'relevant investment undertaking' means -
(a) a common contractual fund, within the meaning of section 739I,
(b) an investment limited partnership, within the meaning of section 73
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