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Article 48
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When an investor purchases, redeems, or switches an offshore fund, the offshore fund institution shall, itself, or mandate the master agent to, produce and deliver to the investor a transaction confirmation or reconciliation statement in written or electronic form.
Where the master agent or a sub-distributor purchases, redeems, or switches an offshore fund for an investor in the master agent's or sub-distributor's name, the master agent or sub-distributor shall produce and deliver to the investor a transaction confirmation, reconciliation statement, or other evidentiary documents in written or electronic form.
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