Regulation 2

by whatever name called, who is responsible for managing the property of, or operating, a real estate investment trust; and

who holds a capital markets services licence for real estate investment trust management granted by the Monetary Authority of Singapore under section 86 of the Securities and Futures Act (Cap. 289);“real estate investment trust” means a collective investment scheme —

that is a trust;

that invests primarily in real estate and real estate‑related assets specified by the Monetary Authority of Singapore in the Code on Collective Investment Schemes; and

where all or any of the units in the trust are listed, by way of a primary listing, for quotation on the official list of a securities exchange;“representative”, in relation to a manager of a real estate investment trust, has the same meaning as in section 2(1) of the Securities and Futures Act;“trustee”, in relation to a real estate investment trust, has the same meaning as in section 137S(2) of the Securities and Futures Act.