Regulation 19

For the purposes of section 83(2) of the Act, a review of the fees, expenses and emoluments of an auditor of a registered business trust shall be undertaken if the total amount of the fees paid to the auditor for non-audit services provided to the trustee-manager (whether or not the trustee-manager is acting for or on behalf of the registered business trust) in any financial year of the registered business trust exceeds 50% of the total amount of the fees paid to the auditor in that financial year.