(c)"venture capital undertaking" means-(i)a venture capital undertaking as defined in clause (n) of regulation 2 of the Venture Capital Funds Regulations; or(ii)a venture capital undertaking as defined in clause (aa) of sub-regulation (7) of regulation 2 of the Alternative Investment Funds Regulations;';(V)after clause (34), the following clause shall be inserted with effect from the 1st day of April, 2014, namely:-