Investment conditions

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....ry. (2) The scheme of the SM REIT shall invest at least ninety-five per cent. of the value of the schemes' assets for each of its schemes in completed and revenue generating properties and shall not invest in under-construction or non-revenue generating real estate assets: Provided that up to five per cent. of the value of the schemes' assets may be invested in liquid ass....

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....e that the conditions as specified in sub-regulation (2) of this regulation are satisfied within six months of such breach: Provided further that the period may be extended by another six months subject to the approval from the unitholders in accordance with clause (e) of sub-regulation (9) of regulation 26ZM of these regulations: Provided further that if such conditions as specified in sub-....