S.L. 370.50 Art. 2Interpretation. Cap. 370.

In these regulations, unless the context otherwise requires:

"The Act" means the Investment Services Act;

"Alternative Investment Funds or AIFs" means a collective investment scheme, including sub-funds thereof, which raises capital from a number of investors, with a view to investing it in accordance with a defined investment policy for the benefit of those investors, and which does not qualify as a UCITS Scheme in terms of the UCITS Directive, and shall include EuVECA, EuSEF and ELTIF;

"Cross-Border Distribution of Funds Regulation" means Regulation (EU) 2019/1156 of the European Parliament and of the Council of 20 June 2019 on facilitating cross-border distribution of collective investment undertakings and amending Regulations (EU) No 345/2013, (EU) No 346/2013 and (EU) No 1286/2014 as amended from time to time and includes any implementing measures, implementing technical standards, regulatory technical standards, guidelines and similar measures that have been or may be issued thereunder;

"European long-term investment fund" or "ELTIF" shall have the same meaning as assigned to it in Regulation (EU) 2015/750 of the European Parliament and of the Council of 29 April 2015 on European long-term investment funds;

"EuSEF" shall have the same meaning assigned to it in Regulation (EU) No 346/2013 of the European Parliament and of the Council of 17 April 2013 on European social entrepreneurship funds; DISTRIBUTION OF FUNDS)

"EuSEF manager" means a manager of a qualifying social entrepreneurship fund as defined in point (c) of Article 3(1) of Regulation (EU) No 346/2013 and registered in accordance with Article 15 of the said Regulation;

"EuVECA" shall have the same meaning assigned to it in Regulation (EU) No 345/2013 of the European Parliament and of the Council of 17 April 2013 on European venture capital fund;

"EuVECA manager" means a manager of a qualifying venture capital fund as defined in point (c) of the first paragraph of Article 3 of Regulation (EU) No 345/2013 and registered in accordance with Article 14 of the said Regulation;

"Home Member State" means the Member State in which the AIFM, the EuVECA manager, the EuSEF manager or the UCITS management company has its registered office;

"UCITS" shall have the same meaning as assigned to it in the Act; and

"UCITS management company" shall have the same meaning as assigned to it in the Act.

(2) Words and expressions used in these regulations shall have the same meaning assigned to them in the Act.