It looks as if the reefing lines are tied around the spar?
I've always been told not to do that so that so you don't shred your main if it gets away from you.
The main reefing cringles fore and aft on the main have the reefing lines running through them and the forward cringle hooks on a stainless hook. The reefing ties are tied around the boom to keep the excess sail from flogging. I never thought to just tie them up above the spar to bunch the fabric. Of course, I've never had a boat with reef points before either. All of my knowledge is self taught or absorbed from the net and by watching others. That or the school of hard knocks.