Clauses of the Real Estate Securitization Act Article 38
The exercise and transfer of REIT or REAT beneficial interests shall be made against the beneficiary securities evidencing such beneficial interests.The REIT or REAT beneficiary securities shall meet the particular requirements for the headcount of holders, and the amount and percentage of holding; for holders that do not conform to the requirements, their exercise of voting right and distribution of trust profits based on the beneficial interests held may be restricted.The regulations governing the aforementioned head count of holders, the amount and the percentage of holding, and restrictions shall be prescribed by the competent authority.
中文原文 不動產證券化條例第38條
不動產投資信託或不動產資產信託受益權之行使及轉讓，應以表彰該受益權之受益證券為之。
不動產投資信託或不動產資產信託受益證券，應符合一定之持有人數、持有金額及比率；未符合規定之持有人，其受益權之表決權行使及信託利益之分配，得予以限制。
前項持有人數、持有金額與比率及限制事項，由主管機關以辦法定之。
不動產投資信託或不動產資產信託受益證券，應符合一定之持有人數、持有金額及比率；未符合規定之持有人，其受益權之表決權行使及信託利益之分配，得予以限制。
前項持有人數、持有金額與比率及限制事項，由主管機關以辦法定之。