31As regards the exemption provided for in Article 135(1)(g) of Directive 2006/112, it must be pointed out that the concept of ‘management of special investment funds’ is not defined in Directive 2006/112. The Court has however stated that the transactions covered by that exemption are those which are specific to the business of undertakings for collective investment (Case C-169/04 Abbey National [2006] ECR I-4027, paragraph 63).
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