| Release Date: | 1442-07-12 |
|---|---|
| Release Tool: | Councils and commissions decisions |
| Issuance Instrument Number: | 2021-22-2 |
| Validity: | Cancelled |
| Summary: | By AI **Brief Summary: Chapter Six: Publication and Enforcement**
Article 54 states that the regulation shall come into effect upon its approval, and it specifies the conditions for the investment of the Real Estate Investment Trust (REIT) fund, whereby the fund manager must invest a certain percentage of its assets in properties outside the Kingdom and provide certified real estate valuation reports.
Article 47 outlines the requirements for offering fund units, where the manager must submit an appl... |