Singapore legislation
Clause 25
Clause 25
Amendment of section 35
Section 35 of the principal Act is amended by inserting, immediately after subsection (15), the following subsection:“(15A) Where a unitholder of a real estate investment trust is entitled to an amount, being a return of capital, from a trustee of the real estate investment trust, the cost of the units to the unitholder shall be reduced by the amount entitled.”.