oversight system are recognized by the European Commission as equivalence to that of                the EU Member States , or  iii.  an independent audit regulator of a country that has been assessed under

              oversight system are recognized by the European Commission as equivalence to that of                the EU Member States , or  iii. an independent audit regulator of a country that has been assessed under the

disclosed in the filing. The buyers of the units shall settle unit subscription in cash or cash-equivalence. The number of units allocated to any persons or a group of the associated persons shall not be over