Mine still comes up with 358 pages. Could be the page size on iPad Mini. Dunno, cos I am a bit challenged by this new device, but when I go to the NZ CAA site I get more or less the same ICAO compliant licensing requirements condensed to 79 pages in the same format. Even if the CASA version is 'only' 196 pages, what is it about flying in Australia that requires more than double the words of legislation?
As for "acceptable to the Director" I concur that if one gave the Skull such powers it would be a very moveable feast depending on his mood on the day.
But the flexibility allowed by the NZ regulation can work to one's advantage when seeking recognition of prior experience.