1. The ELTIF shall disclose, in its prospectus, the initial offer period.
2. Where the ELTIF provides for the possibility of redemptions from the ELTIF, the ELTIF shall disclose, in its prospectus, the procedures and conditions for repurchase or redemption of units, including the period within which redemption proceeds will normally be paid or discharged to unitholders. It must also disclose the circumstances in which repurchase or redemption may be suspended.
3. Where the ELTIF provides for the possibility of redemptions from the ELTIF, it shall, in its prospectus, specify the limited nature of the redemption facilities.