REIT registration requirement: sponsors must apply in prescribed form with fee, while the Board may assume records oversight. No person may act as a REIT unless registered; the sponsor must apply for registration on behalf of the trust in Form A with a non refundable application fee as specified in the Schedules. The Board will assess regulatory requirements when granting registration and may appoint a person to take charge of the REIT's records and documents, determining the terms of such appointment to protect investor interests.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
REIT registration requirement: sponsors must apply in prescribed form with fee, while the Board may assume records oversight.
No person may act as a REIT unless registered; the sponsor must apply for registration on behalf of the trust in Form A with a non refundable application fee as specified in the Schedules. The Board will assess regulatory requirements when granting registration and may appoint a person to take charge of the REIT's records and documents, determining the terms of such appointment to protect investor interests.
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