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Securities Markets Regulations, 2015 · s 149
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Securities Markets Regulations, 2015 · s 149
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
(1)
An operator of a property collective investment scheme must, subject to the approval of the trustee or other person providing oversight function, appoint an independent valuer in accordance with these Regulations.
{2)
The operator of the property collective investment scheme must ensure that the independent valuer appointed under sub-regulation (1) values each real property prior to its acquisition and disposal.