billchoa/3036384256-COMP7607-data huggingface dataset:
user: Please translate the following sentence from English to Chinese: If a fixing date, the final fixing date and any other scheduled trading day on which a closing price is to be determined (except for the start date for the purpose of determining the initial stock price, in which case please refer to “initial stock price” below) is a disrupted day (as defined in condition 2(d) of the terms and conditions set out in Appendix A to this product booklet) in respect of a linked stock, being a scheduled trading day on which the Hong Kong Stock Exchange or any related exchange fails to open for trading during its regular trading session or on which a market disruption event occurs, the closing price shall be determined on the first succeeding scheduled trading day which is not a disrupted day (such date, the “Adjusted Fixing Date” in respect of such fixing date, the “Adjusted Final Fixing Date” in respect of the final fixing date and the “Adjusted Valuation Date” in respect of such scheduled trading day), unless each of the five scheduled trading days immediately following the original fixing date, final fixing date or scheduled trading day (as the case may be) is a disrupted day.

assistant: 倘釐定收市價的定價日、最終定價日及任何其他預定交易日（就釐定初始股價而言，起始日除外，在此情況下請參閱下文「初始股價」）爲某掛鉤股票的中斷日（定義見本產品小冊子附錄 A 所載條款及細則的細則第 2(d) 條，即香港聯交所或任何相關交易所於正常交易時段無法開市進行買賣或發生交易中斷事件的預定交易日），則收市價應於緊接的首個並非中斷日的預定交易日（就該定價日而言，該日稱爲「經調整定價日」； 就最終定價日而言，該日稱爲「經調整最終定價日」；
user: Please translate the following sentence from English to Chinese: This process includes:

assistant: 該過程包括：
user: Please translate the following sentence from English to Chinese: In other words duration hedging allows us to remove a large proportion of interest rate risk.

assistant: 換言之，存續期對沖容許我們消除了大部份的利率風險。
user: Please translate the following sentence from English to Chinese: Federated International Management Limited (as manager)

assistant: 聯邦國際管理有限公司（作爲經理人）
user: Please translate the following sentence from English to Chinese: For unit holders residing outside the Philippines who do not carry on a business in the Philippines, there should be no Philippine tax on distributions received from the Funds, or on any gain derived from the disposal of units of the Funds.

assistant: 對於並無在菲律賓經營業務而又居於菲律賓境外之單位持有人而言，則毋須就從該等基金收取之分派或因出售該等基金之單位而產生的任何增值繳納菲律賓稅項。
user: Please translate the following sentence from English to Chinese: Furthermore, there is no guarantee that the addition of any new Funds will be approved by the lenders, or that credit will be available to a Fund since the credit line is subject to availability (on an equitable allocation basis) between the Funds and other BlackRock funds participating in the credit agreement.

assistant: 此外，概不保證貸款人一定批准增加任何新基金，亦不保證某基金一定獲得該信貸額，因爲信貸額須視乎各基金與其他參與信貸協議的貝萊德基金之間的供應(按公平分配的基礎)情況而定。
user: Please translate the following sentence from English to Chinese: Final Price:

assistant: 最終價：
user: Please translate the following sentence from English to Chinese: The item interestearning securities includes securities of a subordinated nature totalling EUR 888 million (2003: EUR 554 million) and non-subordinated interest-earning securities issued by group companies totalling EUR 404 million (2003: EUR 197 million).

assistant: 賺息證券項目包括後償性質之證券共 8.88億歐元（二零零三年： 5.54億歐元）及集團公司發行之非後償賺息證券共 4.04億歐元（二零零三年： 1.97億歐元）。
user: Please translate the following sentence from English to Chinese: * The Fund may increase the current fee level up to the specified maximum level as set out in the offering document by giving at least one month’s prior notice to investors.

assistant: * 本基金可透過向投資者發出最少一個月的事先通知，調高現行收費水平至高達銷售文件內指定的最高水平。
user: Please translate the following sentence from English to Chinese: means the arithmetic average of the Share Performance in respect of each Share in the relevant Basket.

assistant: 指有關籃子每股份的股份表現的平均值。
user: Please translate the following sentence from English to Chinese: The articles of incorporation of the Fund, as they may be amended from time to time.

assistant: 本基金的公司組織章程，可不時作出修訂。
user: Please translate the following sentence from English to Chinese: No money should be paid to any intermediary in Hong Kong who is not licensed or registered to carry on Type 1 (dealing in securities) regulated activity under Part V of the Hong Kong Securities and Futures Ordinance or a person who does not fall within the statutory or other applicable exemption from the requirement to be licensed or registered to carry on Type 1 (dealing in securities) regulated activity under Part V of the SFO.

assistant: 投資者切勿向並非根據《香港證券及期貨條例》第V 部取得牌照或註冊從事第1類（證券交易）受規管活動的任何香港中介人或並未獲法定豁免或其他適用豁免可免於根據《證券及期貨條例》第V部須取得牌照或註冊從事第1類（證券交易）受規管活動的規定的任何人士支付任何款項。
user: Please translate the following sentence from English to Chinese: The bulk of the class's investments are and will be quoted or dealt in on a stock exchange or other recognised markets in Asia (excluding Japan).

assistant: 子基金大部分的投資已經及將會在亞洲（不包括日本）的證券交易所或其他認可市場上市或買賣。
user: Please translate the following sentence from English to Chinese: 3 Basis of consolidation These condensed consolidated financial statements cover the consolidated positions of Hang Seng Bank Limited (“the Bank”) and all its subsidiaries (“the Group”), unless otherwise stated, and include the attributable share of the results and reserves of its associates.

assistant: 3 綜合基礎除特別列明外，本簡明綜合財務報表所載之資料爲恒生銀行有限公司（「銀行」）及其附屬公司（「集團」）綜合報告，亦包括應占聯營公司之業績及儲備。
user: Please translate the following sentence from English to Chinese: Each policy is governed by and shall be construed in accordance with the laws of the Isle of Man. However, this will not preclude the right to bring legal action in a Hong Kong court.

assistant: 每份保單均受馬恩島法律管轄並按馬恩島法律詮釋，但這並不妨礙在香港法院提出訴訟的權利。
user: Please translate the following sentence from English to Chinese: You must rely on publicly available information about them in deciding whether to buy or hold our Notes.

assistant: 閣下必須依賴該等企業的公開資料以決定是否購買或持有本公司債券。
user: Please translate the following sentence from English to Chinese: Investors are reminded that, unless otherwise stated in Book II, the general regulations stipulated in Book I will apply to each sub-fund.

assistant: 投資者應注意，除非第 II 冊另行訂明，否則第 I 冊所規定的一般規例將適用於各子基金。
user: Please translate the following sentence from English to Chinese: Therefore, taking short positions involves the risk that losses may be exaggerated, potentially losing more money than the actual cost of the investment.

assistant: 因此，作出短倉涉及損失可能被誇大的風險，損失的金錢可能多於投資的實際成本。
user: Please translate the following sentence from English to Chinese: 11. Without prejudice to the application of Sections 1., 2., 3. and Appendix 2, a sub-fund shall not grant loans or act as a guarantor on behalf of third parties.

assistant: 11. 在不損害第 1、2、3 部份及附件 2 的應用之原則下，子基金不代表向第三方授出信貸或擔任第三方的保證人。
user: Please translate the following sentence from English to Chinese: Under certain instances, such liquidations may result in losses for a Fund.

assistant: 在若干情況下，有關平倉或會令基金出現虧損。
user: Please translate the following sentence from English to Chinese: Euro No sales, switching or redemption charges are applied to this fund.

assistant: 澳元這項基金毋須支付銷售費、轉換費或贖回費。
user: Please translate the following sentence from English to Chinese: U.K. resident shareholders will be taxable on such reported income whether or not the income is actually distributed.

assistant: 英國居民投資者須就該等報告收入課稅，而不論收入是否實際分派。
user: Please translate the following sentence from English to Chinese: You are exposed to the credit risk of the reference entities; the reference entities could change in a succession event You will receive back less, and probably substantially less, than the principal amount you invested if a credit event occurs to any one of the reference entities.

assistant: 閣下須承擔相關主體的信貸風險，而相關主體於發生繼承事件時或會更換 倘若任何相關主體發生信貸事件，則閣下所收回的款額可能低於甚至遠低於所投資的本金額。
user: Please translate the following sentence from English to Chinese: Our Debts and Capital Structure Our authorized share capital is US$560,000 divided into 560,000 ordinary shares of US$1.00 each, all issued and fully paid up.

assistant: 本公司之債務及股本結構 本公司之法定股本爲 560,000 美元，分爲 560,000 股每股面值 1.00 美元之已發行及繳足普通股。
user: Please translate the following sentence from English to Chinese: ■■ seek potential total return through income and capital appreciation;

assistant: ■透過收入及資本增值，尋求潛在總回報；
user: Please translate the following sentence from English to Chinese: The Portfolio may also obtain indirect exposure to commodities through permitted investments such as certain financial derivative instruments on commodity indices and exchange-traded funds qualified as UCITS or eligible UCI within the meaning of the Law of 2010.

assistant: 本基金亦可透過獲准許投資，如商品指數的若干金融衍生工具及符合UCITS資格或屬於《二零一零年法律》所界定的合資格UCI的交易所買賣基金，取得商品的間接持倉。
user: Please translate the following sentence from English to Chinese: 18. PICTET – LATIN AMERICAN LOCAL CURRENCY DEBT Typical investor profile The Compartment is an investment vehicle for investors:

assistant: 18. 百達－拉丁美洲本地貨幣債券一般投資者概述本成分基金適合下列投資者：
user: Please translate the following sentence from English to Chinese: Determination of Net Asset Value The Administrator shall determine the net asset value per Share of each Fund at the Valuation Point.

assistant: 釐定資產淨值 管理人應釐定在估值點每個基金的每股資產淨值。
user: Please translate the following sentence from English to Chinese: The certificate of exemption relating to this Programme Prospectus is issued subject to the conditions that

assistant: 就本計劃章程發出的豁免證書受下列條件所規限：
user: Please translate the following sentence from English to Chinese: Corporate Shareholders resident in the United Kingdom for taxation purposes will be taxed on any gains on disposal at the prevailing corporation tax rate.

assistant: 就稅務而言擁有英國居民身份的公司股東將須按當時的公司稅稅率而就處置所得任何增值繳稅。
user: Please translate the following sentence from English to Chinese: 2. Dynamic Diversified Portfolio

assistant: 2. 全方位領航基金
user: Please translate the following sentence from English to Chinese: - S Class Shares (USD);

assistant: - S類股份（英鎊）；
user: Please translate the following sentence from English to Chinese: Our programme is governed by English law All our programme documentation, including our notes, is governed by English law (except that the master swap guarantee is governed by New York law).

assistant: 本計劃的所有文件，包括本票據，均受英國法律監管（惟主要掉期擔保由紐約法律監管）。
user: Please translate the following sentence from English to Chinese: IN WITNESS executed and has been delivered on the date which appears first on page 1.

assistant: 由以下人士見證及簽署，並於第 1頁顯示的日期送遞。
user: Please translate the following sentence from English to Chinese: We and the swap guarantor will give notice of any information relating to us or to the swap guarantor which is necessary to avoid the establishment of a false market in our Notes or which might reasonably be expected significantly to affect our ability to meet our commitments under our Notes or the ability of the swap guarantor to meet its obligations under the swap arrangements.

assistant: 本公司及掉期擔保人將就有關本公司或掉期擔保人之資料發出通知，而該等資料爲避免票據形成虛假市場，或可合理預期會嚴重影響本公司履行票據承諾之能力或掉期擔保人履行其掉期安排責任之能力。
user: Please translate the following sentence from English to Chinese: Further, owing to the potential concentration in a particular country, the Portfolios may be subject to higher volatility and risks than investing in a more diversified portfolio.

assistant: 再者，由於某國家的潛在集中性，故與更多元化的投資組合相比，該等投資組合或須承受較高的波動性及風險。
user: Please translate the following sentence from English to Chinese: See subsection 2.2 entitled “Currency Hedged Share Classes” in section 2 “SUB-FUNDS” and subsection 4.35 entitled “Currency Hedged Share Classes” in section 4 “RISK FACTORS” for further information on Currency Hedged Share Classes.

assistant: 請參閱第2節「子基金」內第2.2分節「貨幣對沖股份類別」及第4節「風險因素」內第4.35分節「貨幣對沖股份類別」以瞭解有關貨幣對沖股份類別的進一步資料。
user: Please translate the following sentence from English to Chinese: The Bank is currently assessing the impact of the repatriation provision and, at this time, cannot reasonably estimate the related range of income tax effects of such repatriation provision.

assistant: 本行現時正評估匯款條文的影響，但現時未能合理估計該匯款條文對所得稅影響的有關範圍。
user: Please translate the following sentence from English to Chinese: Certain positions will be taken by the use of financial derivative instruments including, but not limited to, swaps (incl. total return swaps as described below), forward positions, futures and options related to the instruments above in accordance with section A(7)(i) in Appendix A “Investment Restrictions”.

assistant: 根據附錄 A「投資限制」第 A(7)(i) 節，若干持倉將透過運用金融衍生工具，包括但不限於掉期（包括下文所述的總回報掉期）、遠期持倉、與上述工具相關的期貨及期權而持有。
user: Please translate the following sentence from English to Chinese: and (b) there will be no principal protection if an Early Redemption Event occurs and investors will receive an amount in US dollars equal to the market value of the Securities at the time of redemption as determined by the Calculation Agent in its sole and absolute discretion in a commercially reasonable manner.

assistant: 及 (b) 倘發生提早贖回事件投資將不保本，而投資者在贖回時將收取一筆由計價代理全權酌情按商業上合理方式釐定相等於證券市值的美元金額。
user: Please translate the following sentence from English to Chinese: European Corporate Bond Fund:

assistant: 天利歐洲公司債券基金：
user: Please translate the following sentence from English to Chinese: Scheduled dates for payment of coupons, early redemption and redemption at maturity must be days (other than a Saturday) on which banks and foreign exchange markets are open for business in Hong Kong (for HK dollar Notes) / New York City (for US dollar Notes) and London and will be postponed to the next day on which this is the case if necessary.

assistant: 支付票息、提早贖回及於到期時贖回的預計日期，必須爲銀行及外匯市場於香港（就港元票據而言）紐約市（就美元票據而言）及倫敦的營業日（不包括星期六），如有需要，將押後至下一個爲銀行及外匯市場於香港（就港元票據而言）紐約市（就美元票據而言）及倫敦的營業日。
user: Please translate the following sentence from English to Chinese: These Consolidated Explanatory Memoranda are intended as a general guide only and do not necessarily describe the tax consequences for all types of investors in the Funds and no reliance, therefore, should be placed upon them.

assistant: 此等綜合基金說明書僅擬作爲一般指引，不一定說明基金所有類別投資者之稅務後果，因此不應予以倚賴。
user: Please translate the following sentence from English to Chinese: “Fund Administrator” means, in respect of a Listed Entity that is a fund, the trustee of such Listed Entity from time to time. “Fund Advisor” means, in respect of a Listed Entity that is a fund, the manager of such Listed Entity from time to time. “Fund Documents” means, in respect of a Listed Entity that is a fund, the constitutive and governing documents, subscription agreements and other agreements of such Listed Entity specifying the terms and conditions relating to a Linked Stock and any additional fund documents, for example, the offering memorandum of such Listed Entity, in each case, as amended from time to time.

assistant: 「基金顧問」就屬於基金的上市實體而言，指該上市實體不時的經理。 「基金文件」就屬於基金的上市實體而言，指該上市實體列明有關掛鉤股票的條款及章則的組成及規範文件、認購協議及其他協議，以及任何附加基金文件，如該上市實體的發售備忘錄，以上各項均以不時修訂者爲準。 「一般條款及章則」指此等條款及章則。
user: Please translate the following sentence from English to Chinese: *available to investors in the PRC only

assistant: *僅供中國境內投資者
user: Please translate the following sentence from English to Chinese: Although offshore RMB (CNH) and onshore RMB (CNY) are the same currency, they trade at different rates.

assistant: 雖然離岸人民幣（CNH）和境內人民幣（CNY）是同一種貨幣，但它們的交易價格不同。
user: Please translate the following sentence from English to Chinese: The Issuer will notify the Trustee and the Noteholders (via the clearing systems) of the Early Redemption Event promptly after the date on which the Determination Agent, acting for and on behalf of the Issuer, determines in its sole and absolute discretion acting in good faith that an Early Redemption Event has occurred and the Issuer will redeem the Notes by payment of the applicable Early Redemption Amount (as described in the paragraphs headed “Early Redemption Amount following an Underlying Securities Default Event”, “Early Redemption Amount following Tax Event”, “Early Redemption Amount following a Restructuring of Underlying Securities Event”, and “Early Redemption Amount following termination of the Swap Agreement, Forward Agreement and/or the Index Option Agreement” all in this section of this Issue Prospectus below) on or prior to the 10th Business Day after the relevant date on which the Underlying Securities have been sold or realised (the “Early Redemption Date”).

assistant: 發行人將在爲及代表發行人行事的釐定代理按其自行及絕對酌情權以真誠行事釐定已發生提早贖回事件的日期後，儘快（透過有關的結算系統）將提早贖回事件通知受託人及債券持有人； 及發行人將於出售或變現指定證券的有關日期（「提早贖回日期」）後第十個營業日或之前支付適用的提早贖回款項（如本發行章程於本節下文「發生指定證券失責事件後的提早贖回款項」、「發生稅項事件後的提早贖回款項」、「發生指定證券重組事件後的提早贖回款項」及「終止掉期協議、遠期協議及或指數期權協議後的提早贖回款項」等段所述），藉此贖回債券。
user: Please translate the following sentence from English to Chinese: General and administrative expenses

assistant: 業務及行政支出
user: Please translate the following sentence from English to Chinese: For whom are our ELIs (Call Option) NOT designed for? Our ELIs (Call Option) are NOT designed for investors who:

assistant: 本行的股票掛鉤投資（認購期權）並非爲以下投資者而設：
user: Please translate the following sentence from English to Chinese: As part of the MS&Co. Facility, MS&Co. also maintains a secured committed credit agreement with a group of banks that are parties to the master collateral facility under which such banks are committed to provide up to $1.8 billion.

assistant: 作爲MS&Co. 信貸融通的一部分，MS&Co.亦與作爲主要有抵押信貸融通訂約方的一些銀行維持一項有抵押已承諾信貸協議，據此，該等銀行承諾會提供最高達18億元的信貸額。
user: Please translate the following sentence from English to Chinese: The airbag level of each linked stock for the purpose of the daily airbag feature or final fixing date airbag feature is expressed as a specified percentage of the initial stock price of such linked stock, and such percentage will be specified in the relevant term sheet.

assistant: 各掛鉤股票就每日氣墊機制或最終定價日氣墊機制的氣墊水平以該掛鉤股票的初始股價的特定百分比列示，該百分比將於有關條款表內列明。
user: Please translate the following sentence from English to Chinese: Such financial derivative instruments may include, but are not limited to, currency forward contracts, non-deliverable forward contracts (“NDFs”), interest rate swaps, cross-currency coupon asset swaps, overnight index swaps (“OIS”), credit default swaps (“CDS”) and exchange traded interest rate futures.

assistant: 該等金融衍生工具可包括但不限於貨幣遠期合約、不交收遠期合約（「NDF」）、利率掉期、交叉貨幣息率資產掉期、隔夜指數掉期（「 OIS 」）、信用違約掉期合約（「CDS」）以及交易所買賣利率期貨。
user: Please translate the following sentence from English to Chinese: The main risks that sub-funds are likely to be exposed to are listed below. Some sub-funds may be particularly sensitive to one or several specific risks which are increasing their risk profiles compared to sub-funds sensitive only to generic risk;

assistant: 下列是子基金可能須承受的主要風險。 某些子基金對一項或多項特定風險尤其敏感，其所承受的風險範圍相比只對一般性風險敏感的子基金較大；
user: Please translate the following sentence from English to Chinese: Even when markets perform well, there is no assurance that the investments held by a Fund will increase in value along with the broader market.

assistant: 即使市場表現良好，也不保證基金所持有投資的價值會跟隨大市上升。
user: Please translate the following sentence from English to Chinese: In selecting these securities careful consideration is given to valuations which encapsulate the underlying property, general macro, and behavioural factors. This includes analysis on the leverage ratios, lease expiry profiles, and management track record.

assistant: 在挑選該等證券時，我們審慎考慮估值是否充份反映相關房地產、整體宏觀環境及行爲因素，包括分析槓桿比率、租約到期狀況及管理紀錄。
user: Please translate the following sentence from English to Chinese: (a) the Fund may invest in one or more underlying schemes which are either recognised jurisdiction schemes or schemes authorised by the SFC.

assistant: (a) 基金可投資於一項或超過一項屬於認可司法管轄區計劃或經證監會認可計劃的相關計劃。
user: Please translate the following sentence from English to Chinese: (vii) any discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary organised, incorporated, or (if an individual) resident in the United States;

assistant: (vii) 由在美國組建、註冊成立或（如屬個人）居住的交易商或其他受信人持有的任何全權委託賬戶或同類賬戶（遺產或信託除外）；
user: Please translate the following sentence from English to Chinese: However, in respect of certain Funds where different Classes are available, the Net Asset Value of the Fund is calculated as set out below and is allocated between each Class in accordance with their respective values.

assistant: 然而，就若干存有不同類別的基金而言，基金資產淨值按下文所載方式計算，並根據各自價值分配至各種類別。
user: Please translate the following sentence from English to Chinese: approving risk exposures and profile against risk limits and risk strategy in accordance with approved risk appetite and/or guidelines;

assistant: 按照經批准的風險偏好及╱或指引，以風險限額和風險策略，審批風險承擔及項目；
user: Please translate the following sentence from English to Chinese: Forward rate agreements are individually negotiated interest rate futures that call for a cash settlement at a future date for the difference between a contract rate of interest and the current market rate, based on a notional principal amount.

assistant: 利率期貨是指根據合約按照利率的變化收取或支付一個淨金額的合約，或在交易所管理的金融市場上按約定價格在未來的某一日期買進或賣出利率金融工具的合約。
user: Please translate the following sentence from English to Chinese: IS THERE ANY MARKET MAKING ARRANGEMENT FOR YOUR SINGLE CALLABLE ELIS BEFORE THEIR MATURITY?

assistant: 閣下的單一可贖回股票掛鉤投資於到期前有否任何莊家活動安排?
user: Please translate the following sentence from English to Chinese: Where it appears that a person who should be preluded from holding Shares, either alone, or in conjunction with any other person, is a beneficial owner of Shares, or a Shareholder, the Board of Directors and/or the Management Company may compulsorily redeem all Shares so owned in accordance with the provisions of the Articles.

assistant: 倘應不獲準持有股份（不論由其單獨或聯同任何其他人士持有股份）的任何人士屬股份的實益擁有人或股東，董事會及／或管理公司可按照公司章程的規定，強制贖回該名人士所擁有的全部股份。
user: Please translate the following sentence from English to Chinese: The share options have been granted to members of staff of the company and various subsidiaries.

assistant: 購股權已授予公司及多間附屬公司的員工。
user: Please translate the following sentence from English to Chinese: Our Group Credit Policy Committee also reviews data on transfer risk.

assistant: 本銀行集團信貸政策委員會亦覆核移轉風險的數據。
user: Please translate the following sentence from English to Chinese: The issuer or borrower usually pays a fixed, variable, or floating rate of interest, and must repay the amount borrowed, usually at the maturity of the instrument.

assistant: 發行人或借款人通常按固定利率、可變利率或浮動利率償還債務，並且通常必須於工具到期時償還所借款項。
user: Please translate the following sentence from English to Chinese: 4. For investors who have elected physical settlement, the worst performing stock as of the final fixing date will only be delivered on the maturity date (being three business days after the final fixing date).

assistant: 4. 就已選擇以實物結算的投資者而言，最終定價日表現最差股票僅會於到期日（即最終定價日後三個營業日）交付。
user: Please translate the following sentence from English to Chinese: China currently has a DTA with US and Hong Kong respectively.

assistant: 中國現時與美國及香港分別簽有DTA。
user: Please translate the following sentence from English to Chinese: The manager believes the Fund provides investors the opportunity to benefit from investing in corporate bonds, but removes the underlying interest rate risk (duration).

assistant: 經理人相信本基金向投資者提供了機會從投資公司債券中得益，卻消除了相關利率風險（存續期）。
user: Please translate the following sentence from English to Chinese: Moreover, Bear Stearns is registered as an investment adviser with the SEC.

assistant: 此外，Bear Stearns已向SEC註冊爲一名投資顧問。
user: Please translate the following sentence from English to Chinese: The certificate of exemption referred to above also contains exemptions granted in respect of the Guarantor, subject to certain conditions under section 38A(1) of the Companies Ordinance in respect of (i) paragraphs 1, 2, 10, 11, 18, 26(c), 27, 29, 30 and 43 of the Third Schedule, on the basis that compliance would be irrelevant as such provisions have been satisfied by inclusion of the relevant information in the Programme Prospectus (including the Addendum);

assistant: 上述豁免證書亦根據公司條例第 38A(1)條在符合若干條件下就擔保人而言授出的豁免， (i)豁免遵守附表三第 1、 2、 10、 11、 18、 26(c)、 29、 30及 43段，理據爲在計劃章程（包括附錄）中載列有關資料已符合條文，故遵守該規定並不相關；
user: Please translate the following sentence from English to Chinese: In addition, the Board of Directors may utilise this discretion for the purpose of applying the Fund’s smoothing policy as set out in Section 7.2 of the Prospectus.

assistant: 此外，董事局可就應用載列於本發售章程 7.2 節內本基金的平穩政策的目的，行使此酌情權。