trustee is entrusted with powers to oversee and administer assets of the trust in interests of the unitholders, who are the beneficiaries of the trust. A REIT is regulated under 2 major laws: 1. The Trust
under its responsibility Ensure that units offered for sale exclusively for high net worth investors are not allocated to retail investors Oversee to ensure that the trust is not becoming a private trust
an independent director) Trustee's duties A trustee shall have a trustee license and is independent from a trust manager. A trustee's main duties are to: oversee that the trust instrument is
an independent director) Trustee's duties A trustee shall have a trustee license and is independent from a trust manager. A trustee's main duties are to: oversee that the trust instrument is
the prescribed form. 7. Not being in default om principal or interests of any debt securities or in default on a loan payment. 8. Within two years prior to the filing of the application for an approval
other assets as collateral for securities trading of any person; 6. Allowing any person to receive benefits or oversee payment related to or because of one's own securities trading; or 7. Transferring or
other assets as collateral for securities trading of any person; 6. Allowing any person to receive benefits or oversee payment related to or because of one's own securities trading; or 7. Transferring or
misled investors in a manner of concealing or disguise or making up non-existing facts. 9. Not being in default om principal or interests of any debt securities or in default on a loan payment. 10. Not
database of directors and executives of the securities issuing companies. 4. Not being in default on principal or interests of any debt securities or in default on a loan payment. 5. Not being in breach of
business. 7. Not being in default on principal or interests of any debt securities or in default on a loan payment. 8. Not being in breach of the terms and conditions of the debt securities. Fast track