Clauses of the Real Estate Securitization Act Article 7

The Trustee that plans to publicly offer or privately place REIT funds overseas for domestic real estate investment shall apply for the approval of the Central Bank prior to the application for approval or effective registration of public offering, additional offering, or private placement.
中文原文 不動產證券化條例第7條
受託機構擬於國外募集或私募不動產投資信託基金投資國內不動產者,於申請核准或申報生效募集、追加募集或私募前,應先報請中央銀行同意。

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