(1)

All transactions done by the trustees or the employees or directors of the asset management company or the trustee company in real estate assets shall be disclosed by them to the compliance officer within one month of the transaction.

(2)

The compliance officer shall make a report thereon from the view point of possible conflict of interest and shall submit it to the trustees with his recommendations, if any.

(3)

The persons covered in sub-regulation (1) may obtain the views of the trustees before entering into the transaction in real estate assets, by making a suitable request to them.

[Chapter VI-B] [Inserted by F. No. LAD-NRO/GN/2011-12/22/27668, dated 30.8.2011.] Infrastructure Debt Fund Scheme

Definitions: