TAILIEUCHUNG - SECURITIES AND EXCHANGE BOARD OF INDIA (REAL ESTATE INVESTMENT TRUSTS) REGULATIONS, 2008

Resources could be used for performances, public art creation, festivals, the development of new work through the participation of schools and civic groups, or to pay for individual artists and larger institutions to enrich their connections to or representations of local communities. Grant support should also pay careful attention to projects or public activity rooted in prior engagement or historical activity – activity that has some legacy and can now be expanded or made into something more sustainable. Funding innovation and funding the creation of sustainable creative activity and representation are not in conflict. Most importantly, resources should support organic. | DRAFT FOR PUBLIC COMMENTS SECURITIES AND EXCHANGE BOARD OF INDIA REAL ESTATE INVESTMENT TRUSTS REGULATIONS 2008 . In exercise of the powers conferred by section 30 read with sections 11 and 12 of the Securities and Exchange Board of India Act 1992 15 of 1992 the Securities and Exchange Board of India hereby makes the following Regulations namely - CHAPTER I PRELIMINARY Short title and commencement 1. 1 These regulations may be called the Securities and Exchange Board of India Real Estate Investment Trusts Regulations 2008. 2 They shall come into force on the date of their publication in the Official Gazette. Definitions 2. 1 In these regulations unless the context otherwise requires a Act means the Securities and Exchange Board of India Act 1992 15 of 1992 b advertisement includes i notices brochures pamphlets circulars showcards catalogues hoardings placards posters insertions in newspapers pictures films and cover pages of offer documents 1 ii any other matter to which publicity is given through print medium radio television programmes or electronic media c appraising agency means an agency empanelled with the Board for the purpose of conducting technical or financial appraisal of the scheme d associate in relation to a real estate investment management company or trust includes a person i who directly or indirectly by himself or in combination with other persons exercises control over the real estate investment management company or the trust as the case may be or ii in respect of whom the real estate investment management company or the trust as the case may be directly or indirectly by itself or in combination with other persons exercises control or iii whose director officer or employee is a director officer or employee of the real estate investment management company or the trust as the case may be e auditor means a person qualified to audit the accounts of companies under the Companies Act 1956 1 of 1956 f Board means the Securities and Exchange Board

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