lexiara

(c)

if the non-EU AIFM intends to market only one EU AIF in only one Member State, the Member State of reference is determined as follows: if the AIF is authorised or registered in a Member State, the home Member State of the AIF or the Member State where the AIFM intends to market the AIF; if the AIF is not authorised or registered in a Member State, the Member State where the AIFM intends to market the AIF;

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Source: EUR-Lex (Cellar) · retrieved 2026-10-10 · Text as adopted (Official Journal); later amendments are not incorporated in this text.