(1) For the purposes of Rule 3.3.1(1)(b)(ii), the Offer document relating to the Foreign Fund must comply with the requirements:
(a) relating to a Designated Fund in a Recognised Jurisdiction; or
(b) in a jurisdiction which provides a level of regulation relating to the Offer which is acceptable to the Regulator.
(2) The Regulator may accept an Offer document referred to in (1)(b) subject to such conditions or restrictions imposed by the Regulator as it sees fit.
(3) Where the Offer document referred to in (1) is not in the English language, it must be accompanied by an English translation acceptable to the Regulator.