To view the full contents of this document, you need a later version of the PDF viewer
Certain PDF files (dynamic XFA forms) created in Adobe LiveCycle can only be opened in Adobe Reader and Adobe Acrobat. When you try to open these files in an alternative PDF viewer, then you will see this error message.

Unfortunately, it's not easy remove this message and modify the PDF so that it can be opened in alternative PDF viewers. The person who created the original form must re-create the form using options that do not restrict which PDF viewers can open and display the file.

Adobe has made the decision that since very few non-Adobe products support these special PDF files, that it is better to show this message -- and require the user to download Adobe Reader or Adobe Acrobat -- than it is to let the PDF viewer try to render the document.

Source : http://www.quickpdflibrary.com/faq/if-this-message-is-not-eventually-replaced-by-the-proper-contents-of-the-document.php

...so the answer to your question is no, Preview can't do it. It's Adobe Reader or nothing