Clauses of the Real Estate Securitization Act Article 35
In case the trustor of the REAT is the related party to the Trustee, the Trustee shall not issue Beneficial Securities of such REAT in accordance with this Act. However, in the situation where there are several trustors and the percentage of related trustor s’ total trust property and security interests is less than20%, it shall not be subject to this Article.
中文原文 不動產證券化條例第35條
不動產資產信託之委託人為受託機構之利害關係人時，受託機構不得就該不動產資產信託依本條例規定發行受益證券。
但委託人有數人，且有利害關係之委託人就信託財產所占持分及持有擔保物權持分之合計比率未達百分之二十時，不在此限。
但委託人有數人，且有利害關係之委託人就信託財產所占持分及持有擔保物權持分之合計比率未達百分之二十時，不在此限。