The latest version of the Protocol removes the “constructed in country” requirement of the Deed of Gift. Now only the outer surface of the removable 2.7 meter long bow section needs to be built in the competitor’s home country:
35.15. Constructed in country: Each Competitor’s AC Class Yacht shall satisfy the constructed in country requirements of the Deed of Gift if the exterior surface of the forward section of each Hull is laminated in the country of the yacht club represented by the Competitor. The surface of these forward sections shall be as defined in Rule 7 of the AC Class Rule and shall be no less than 2.7m long measured aft from the Stem plane. The constructed in country requirements of the Deed of Gift shall not apply to any other parts, structure or components of the AC Class Yacht.