(1) An authorised Irish AIFM may market to professional investors in the European Union units or shares of a non-EU AIF it manages and of an EU feeder AIF that does not fulfil the requirements referred to in Regulation 32(1) (b) as soon as the conditions specified in this Regulation are met.
(2) An authorised AIFM from another Member State may market to professional investors in the State units or shares of an non-EU AIF it manages and of an EU feeder AIF that does not fulfil the requirements referred to in the second subparagraph of Article 31(1) of the Directive as soon as the conditions specified in Article 35 of the Directive are met.
(3) An Irish AIFM marketing units or shares as mentioned in paragraph (1) shall comply with all the requirements provided for in these Regulations, other than Chapter 7. In addition the following conditions shall be met:
(a) appropriate cooperation arrangements are in place between the Bank and the supervisory authorities of the third country where th
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