Fast track rights issue exemption: REITs exempted from filing draft offer documents subject to Board-specified conditions. An amendment adds a proviso to regulation 14(11) dispensing with the requirement for REITs to file a draft offer document with the Board for a fast track rights issue, subject to fulfillment of conditions specified by the Board, thereby creating a conditional exemption from the filing obligation for fast-track rights issuances.
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Provisions expressly mentioned in the judgment/order text.
Fast track rights issue exemption: REITs exempted from filing draft offer documents subject to Board-specified conditions.
An amendment adds a proviso to regulation 14(11) dispensing with the requirement for REITs to file a draft offer document with the Board for a fast track rights issue, subject to fulfillment of conditions specified by the Board, thereby creating a conditional exemption from the filing obligation for fast-track rights issuances.
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