2021-11-17
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The Securities and Exchange Commission of Pakistan establishes the Real Estate Investment Trust Regulations, 2015, to govern Non-PPP, PPP, Developmental, Hybrid, and Rental REIT Schemes. The regulations define eligibility criteria for Real Estate Management Companies, requiring a minimum paid-up capital of 50 million rupees, and specify the appointment of Trustees and Special Purpose Vehicles. They mandate detailed disclosure requirements, including business plans, valuation reports, and information memorandums, while setting territorial limits and due diligence obligations for real estate transfers.
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PART II
Statutory Notifications (S. R. O.)
GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN NOTIFICATIONS Islamabad the 16th April, 2015
S.R.O. 328(I)/2015.- In exercise of the powers conferred by sub-section (2) of section 282B of the Companies Ordinance, 1984 (XLVII of 1984), the Securities and Exchange Commission of Pakistan hereby makes the following Regulations, the same having been previously published for eliciting public opinion on the website of the Commission, namely:-
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This document supersedes: Amendments to the Real Estate Investment Trust Regulations 2015
Source: Securities and Exchange Commission of Pakistan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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SECP published 3 documents in the last 30 days. We email you each new one the day it's published.