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Automatic Enrolment Retirement Savings System Act 2024
Definitions (Part 4)
67. In this Part—
“AE provider scheme” has the meaning given by section 69(2);
“alternative investment fund” has the same meaning as in the European Union (Alternative Investment Fund Managers) Regulations 2013 (S.I. No. 257 of 2013);
“appropriate risk level” shall be construed in accordance with section 70(2) and (3);
“investment management contract” shall be construed in accordance with section 68(3);
“risk level” means a risk level specified in, or in regulations under, section 69;
“UCITS” means a collective investment scheme authorised by the Central Bank under the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 (S.I. No. 352 of 2011);
“unit”, in relation to an AE provider scheme, includes a share and any other instrument granting an entitlement to share in the investments or relevant income of a UCITS or an alternative investment fund.