FUNDS 13.5.2

(1) A Fund Manager of a REIT must ensure that it distributes to the Unitholders as dividends each year an amount not less than 80% of its audited annual net income.
(2) The persons providing oversight functions in respect of the Fund must determine if any:
(a) revaluation surplus credited to income, or
(b) gains on disposal of Real Property,
shall form part of net income for distribution to Unitholders.