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Appointment and term of Valuer

(1) The RMC shall, before making an application under Regulation 8 for the registration of the REIT Scheme, appoint a Valuer for the REIT Scheme after the terms of reference for the Valuer have been approved by the Commission. (2) The Valuer shall be appointed for a period of two (2) years and may not be re-appointed as a Valuer for the REIT ...

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