Allows a registered investment company to exclude from the "acquired fund fees and expenses" calculation any fees and expenses it paid indirectly when it invested in one or more acquired funds that are business development companies (BDCs). The provision also defines the key terms and references the specific SEC registration forms and fee table disclosure formats used for investment company registration statements, so filers and reviewers know how to apply the change to Form N–1A, N–2, and N–3 disclosures.