the competent authority of the Member State of reference if the non-EU AIF is not managed by an EU AIFM and is marketed in the Union with a passport;
údarás inniúil an Bhallstáit tagartha i gcás nach mbainistíonn BCIM AE CIM neamh-AE agus ina ndéantar é a mhargú san Aontas le pas;