International transaction characterisation of domestic divestment of support services business rejected; transaction between resident associated enter...
Minimum Import Price restrictions for Black Pepper, Areca-nuts and Apples upheld; procedural laying failure not fatal, notifications to be placed befo...
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The amendment relaxes the REIT asset-quality thresholds in the 2014 Regulations by reducing the prescribed credit risk value benchmark from 12 to 10 in the relevant definitions and investment conditions, and by expanding the eligible risk matrix category to include Class B-I alongside Class A-I. It also makes a drafting correction to capitalisation in the reference to Government Securities, treasury bills and repo on Government Securities. These changes take effect on publication in the Official Gazette and alter the classification and eligibility criteria applicable to REIT-related holdings.
The amendment relaxes the REIT asset-quality thresholds in the 2014 Regulations by reducing the prescribed credit risk value benchmark from 12 to 10 in the relevant definitions and investment conditions, and by expanding the eligible risk matrix category to include Class B-I alongside Class A-I. It also makes a drafting correction to capitalisation in the reference to Government Securities, treasury bills and repo on Government Securities. These changes take effect on publication in the Official Gazette and alter the classification and eligibility criteria applicable to REIT-related holdings.
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