Trustee duties: oversee investment and project managers, enforce compliance and protect unit holder interests through governance measures. The trustee must hold InvIT assets for unit holders, enter into and oversee the investment management agreement, obtain quarterly compliance certificates from the investment manager and project manager, review related party transactions for arm's length pricing, ensure separate handling of subscription monies, supervise unit holder meetings and distributions, secure approvals and appoint replacements on change of managers, prevent investment in InvIT units by the trustee, ensure valuation remuneration is not value linked, report to the Board and exchanges, and comply with core principles of transparency, accountability, due diligence and impartiality.