Clauses of the Real Estate Securitization Act Article 48

Law:: Clauses of the Real Estate Securitization Act
Chinese:: 不動產證券化條例第48條

To protect the rights and interests of the beneficiaries, a trustee may appoint a trust supervisor pursuant to the REIT contract or REAT contract and apply, mutatis mutandis, paragraphs 2 and 3 of Article 28, Article 29, and Articles 31 to 33 of the Financial Asset Securitization Act.The trust supervisor shall not be the promoter or a related party, staff, or employee of the trustee, or the trustor of the REAT.

中文原文不動產證券化條例第48條

受託機構為保護受益人之權益，得依不動產投資信託契約或不動產資產信託契約之約定，選任信託監察人，並準用金融資產證券化條例第二十八條第二項及第三項、第二十九條、第三十一條至第三十三條之規定。
信託監察人不得為發起人、受託機構之利害關係人、職員、受雇人或不動產資產信託之委託人。

English translation for reference only; the Chinese text prevails. Not legal advice.