"the requirement that the yacht of a challenging yacht club be constructed
in the country of the challenging yacht club, and the yacht of the yacht
club holding the America’s Cup be constructed in the country of such
yacht club, shall be deemed to be satisfied by the lamination or another
form of construction of the entire Hull in such country; materials, moulds
and other components and hardware used in or during the lamination or
other form of construction of the Hull may be obtained from any source;"