The more I look at it the more I suspect that, being a relatively simple and old model, that the rope on the main sail attaches to the eyelet at the rear of the tiller arm. Consequently the rudder is simply being used as a means of stabilising the direction by counteracting the pull to either side of the main sail.
Balanced against that the other rope is attached by the hook to the eyelet on the top of the rudder stock with the loop of the rope passed into the split ring on the deck. Balancing the length of the two ropes then allows a limitation of main sail travel and rudder movement for a given movement of sail. The rope at the forward end limits the rudder travel and the rope at the aft end limits the main sail travel.
Just a thought, I might be completely wrong. You might be able to convert this to a balsa sail type of operation as per the vintage yacht picture above but it might be more appropriate to simply operate the model as per the original design intention.
The bottom line is that I may just suspect now that there is nothing missing!
Edited By Richard Simpson on 22/07/2021 10:06:39