Singapore legislation

Regulation 2

of Securities and Futures (Offers of Investments) (Collective Investment Schemes) (Exemption from Prospectus Requirements) Regulations 2018

Regulation 2

Exemption

Subregulation 1

A responsible person of a real estate investment trust who makes an offer of units in the trust to existing participants of the trust is exempt from having to comply with the provisions in Subdivision (3) of Division 2 of Part XIII of the Act in respect of the offer.

Subregulation 2

In paragraph (1), “real estate investment trust” has the meaning given by section 2(1) of the Act.