The Capital Markets (Real Estate Investment Trusts) (Collective Investment Schemes) Regulations

90. Remuneration of the trustee

Edition: 2023-10-06 · In force

(1)The trustee shall be remunerated by an annual fee charged to the fund which may be paid in instalments during the course of the year.

(2)The trustee shall be entitled to first priority for the payment of the fees and expenses out of the fund.

(3)The scheme documents shall provide for the payment of fees in accordance with these Regulations.