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administering state

as defined in Regulation (EU) 2023/1805 of the European Parliament and of the Council of…, Article 3, point (40) (Definitions)

a Member State determined by applying Article 3gf(1) of Directive 2003/87/EC in relation to a company within the meaning of this Regulation, without prejudice to the choice of the competent authorities in charge within the relevant Member State

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