Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Regulation 17C: Employee Benefit Trusts Can Acquire REIT Units for Employee Schemes via Fees, Transfers, or Purchases</h1> Regulation 17C of the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 outlines how an employee benefit trust can receive units of a REIT to offer unit-based employee benefit schemes. The trust may acquire units through management fees converted into units, transfers from shareholders or managers, or by purchasing units with accumulated cash from distributions or income. Transfers to the trust are irrevocable and without consideration, and subordinate units are ineligible for such transfers. The trust can also subscribe to REIT units, adhering to specified minimum lot requirements for primary market transactions.