Any expression used in this Schedule which is used in the alternative investment fund managers directive has the same meaning as in that directive.

A small registered UK AIFM, in respect of the AIFs managed by it by virtue of which it is entitled to be registered as a small registered UK AIFM (but not in respect of any other AIFs managed by it).

An institution for occupational retirement provision which falls within the scope of Directive 2003/41/EC of the European Parliament and of the Council of 3 June 2003 on the activities and supervision of institutions for occupational retirement provision, including, where applicable, the authorised entities responsible for managing such institutions and acting on their behalf referred to in Article 2.1 of that directive, or the investment managers appointed pursuant to Article 19.1 of that directive, in so far as they do not manage AIFs.

The European Central Bank, the European Investment Bank, the European Investment Fund, a bilateral development bank, the World Bank, the International Monetary Fund, any other supranational institution or similar international organisation, or a European Development Finance Institution, in the event that such institution or organisation manages AIFs and in so far as those AIFs act in the public interest.

A national central bank.

A national, regional or local government or body or other institution which manages funds supporting social security and pension systems.

A holding company.

An employee participation scheme or employee savings scheme.

A securitisation special purpose entity.

An AIFM, the registered office of which is not in an EEA State F2, that is registered in the United Kingdom in accordance with Article 3 of the alternative investment fund managers directive.