The Capital Markets (Real Estate Investment Trusts) (Collective Investment Schemes) Regulations
48. Liability of a trustee
48. Liability of a trustee
In addition to any obligation imposed under regulation 19 or the scheme documents the trustee, shall be liable to the holders of REIT securities as a fiduciary; and to the REIT manager for any loss suffered by them during its period as trustee or as a result of—Source: Kenya Law