Regulations Governing the Public Offering or Private Placement of REIT and REAT Beneficiary Securities by a Trustee Article 6
A trustee that plans to make public offering or private placement of REIT beneficiary securities shall submit the following documentation to the Competent Authority when it applies for approval or effective registration according to the preceding article:1.A REIT plan.2.A REIT contract.3.Comparison table showing the differences between the REIT contract and a standard contract template and reasons for the differences.4.Prospectus or investment memorandum.5.Documentation verifying that the operations and management personnel of the REIT are in compliance with provisions stipulated by the Competent Authority.6.Name, documentation of qualifications, and written statement of consent to be appointed, of the trust supervisor, where one is appointed.7.Minutes of the meeting at which the board of directors of the trustee resolved to publicly offer or privately place the REIT beneficiary securities. Where a trustee is a foreign institution, it may substitute the aforesaid meeting minutes with a document signed by an authorized unit or authorized personnel of its head office.8.Written statement explaining the methods for managing and disposing of trust property. Where a real estate management institution is appointed to manage or dispose the trust property, the appointment agreement and a comparison table showing its differences with the standard contract template and the reasons for such differences.9.Case checklist filled out by the trustee and reviewed by a certified public accountant (“CPA”) or lawyer. (see Attachment 11 for format)10.Written legal opinion of a lawyer. (see Attachment 12 for format)11.Documentation verifying that consent has been obtained from the Central Bank of the Republic of China (the “Central Bank”) if a trustee intends to publicly offer or privately place overseas REIT beneficiary securities to invest in domestic real estate.12.Documentation verifying that the trustee is in compliance with the provisions of Paragraph 2, Article 4 of the Act.13.Documentation verifying that the real estate management institution meets the requirements set out by the Trust Association.14.Documentation verifying that the arranger meets the requirements set out by the Trust Association.15.The expert issuing an opinion pursuant to Subparagraphs 5 and 7, Paragraph 1, Article 8 of the Act shall issue a written statement undertaking that he/she is not a related party or substantive related party as defined in the Statement of Financial Accounting Standards No. 6, of the trustee or trustor, and shall issue a written opinion on the income stability and the appropriateness of pricing of the trust property. An opinion on the income stability of the trust property is not required for real estate or related rights under development.16.An appraisal report issued by a professional appraisal service in accordance with Article 22 of the Act. However, an appraisal report is not required if the object of investment is not definitive or in the case of private placement.17.A written statement issued by the professional appraisal service in the preceding subparagraph and its appraisers undertaking that they are not related parties or substantive related parties, as defined in the Statement of Financial Accounting Standards No. 6, of the trustor or trustee.18.A written statement issued by the trustee undertaking that the promoters are not an interested party of the trustee. However, such a statement is not required if the object of investment is not definitive.19.Documentation issued by the promoters verifying their consent to transfer the real estate or real estate-related rights. However, such a document is not required if the object of investment is not definitive.20.Written statements issued by the trustee and the real estate management institution regarding whether they have been subject to any disposition by any competent authority for a respective industry for violation of any act, regulation, or related provisions and ordered to cease any major business operations, in whole or in part, within the past 3 years.21.A credit enhancement contract signed and executed between the trustee and a credit enhancement institution, and certified by a lawyer, pursuant to Article 43 of the Act.22.A credit rating report issued by a credit rating agency, if any.23.An opinion issued by a CPA on whether the REIT conforms to the generally accepted accounting principles.24.A financial and business self-evaluation report prepared by the promoters. (see Attachment 14 for format)25.For effective registration cases, a written statement issued by the trustee that the beneficiary securities are free of situations provided in Article 18 herein.26.An “evaluation report on the public offering or private placement of REIT beneficiary securities” and a “summary opinion of the trustee” issued by the trustee. (see Attachment 15 for format)27.A statement issued by the promoters, trustors, arrangers, trustee and sales agents that they understand they may not advertise or engage in other promotional activities, or provide fund-related information to others before the Competent Authority grants approval or the registration takes effect.28.Building safety certificates of the real estate, including a notice of the public safety inspection result for the building, a document verifying the result of fire safety equipment inspection/repair report being filed with or sent to the authority for reference, and a document verifying the structural safety of building, chlorine ion content of concrete, and radiation measurement, or absence of radioactive contamination issued by an agency (institution), school or organization sanctioned by the competent authority for a respective industry.29.Other documents as required by the Competent Authority.A trustee that plans to make additional public offering or additional private placement of REIT beneficiary securities shall submit the following documentation to the Competent Authority when it applies for approval or effective registration according to the preceding article:1.Documents listed in preceding paragraph. Subparagraphs 1 to 3 and Subparagraph 8 of the preceding paragraph shall be switched to comparison table showing differences with the previous application or registration and reasons for the differences; Subparagraphs 5, 6, 12 to 14 are exempted if they are identical to the documents attached to the previous application or registration.2.Minutes of beneficiaries’meeting. Which shall include resolutions on the issuing prices of beneficiary securities in the additional public offering or additional private placement and matters regarding subscription priority given to existing beneficiary securities holders in accordance with their percentage of holding.The method for determining the issuing prices of beneficiary securities in the additional public offering or additional private placement and matters to be complied with regarding subscription priority given to existing beneficiary securities holders in accordance with their percentage of holding shall be drawn up by the Trust Association and submitted to the Competent Authority for approval.
中文原文 受託機構募集或私募不動產投資信託或資產信託受益證券處理辦法第6條
受託機構募集或私募不動產投資信託受益證券，依前條規定提出申請核准或申報生效，應檢附之書件如下：
一、不動產投資信託計畫。
二、不動產投資信託契約。
三、不動產投資信託契約與定型化契約範本異同之對照表及差異原因說明。
四、公開說明書或投資說明書。
五、不動產投資信託基金經營與管理人員符合主管機關規定之證明文件。
六、設有信託監察人者，其信託監察人之名單、資格證明文件及願任同意書。
七、受託機構董事會決議募集或私募不動產投資信託受益證券之議事錄。
受託機構為外商機構者，得以總行授權單位或人員簽署之文件代之。
八、信託財產之管理及處分方法說明書。
委任不動產管理機構進行信託財產之管理或處分者，該委任契約書及與委任契約範本異同之對照表，並說明差異原因。
九、受託機構填報及會計師或律師複核之案件檢查表（附件十一）。
十、律師之法律意見書（附件十二）。
十一、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，經中央銀行同意之證明文件。
十二、受託機構符合本條例第四條第二項規定之證明文件。
十三、不動產管理機構符合信託公會所定條件之證明文件。
十四、安排機構符合信託公會所定條件之證明文件。
十五、依本條例第八條第一項第五款及第七款規定出具意見之專家，出具與受託機構及不動產所有人無財務會計準則公報第六號所定之關係人或實質關係人情事之聲明書，並出具信託財產已有穩定收入及價格允當性之意見書。
開發型不動產或不動產相關權利部分，免附信託財產已有穩定收入之意見書。
十六、專業估價者依本條例第二十二條規定出具之估價報告書。
無確定投資標的或私募者免附。
十七、前款專業估價者及其估價人員，出具與交易當事人無財務會計準則公報第六號所定關係人或實質關係人情事之聲明書。
十八、受託機構出具發起人非其利害關係人之聲明書。
無確定投資標的者免附。
十九、發起人出具同意讓與不動產或不動產相關權利之證明文件。
無確定投資標的者免附。
二十、受託機構及不動產管理機構出具於最近三年內有無違反法令或相關規定而經各業別主管機關命令停止全部或一部主要業務處分之聲明書。
二十一、依本條例第四十三條規定有信用增強機構者，檢附受託機構與信用增強機構所簽訂並經律師簽證之信用增強契約。
二十二、受益證券有經信用評等機構評定其等級者，檢附信用評等機構出具之信用評等報告。
二十三、會計師出具不動產投資信託是否符合一般公認會計原則之意見書。
二十四、發起人財務業務自評書（附件十四）。
二十五、申報生效案件，受託機構出具無本辦法第十八條所規定情事之聲明書。
二十六、受託機構出具之「受託機構募集或私募不動產投資信託受益證券評估報告」及「受託機構總結意見書」（附件十五）。
二十七、發起人、委託人、安排機構、受託機構、銷售機構等相關參與機構，出具於本會核准或申報生效前，不擅自對外刊登廣告或為其他行銷、提供基金相關訊息之聲明書。
二十八、不動產之建物安全證明書，包括建築物公共安全檢查申報結果通知文件、消防安全設備檢修申報備查結果文件與有關目的事業主管機關認可之機關（構）、學校或團體出具之結構安全、混凝土氯離子含量及輻射偵測或無放射性污染證明文件。
二十九、其他經主管機關規定之文件。
受託機構追加募集或追加私募不動產投資信託基金，依前條規定提出申請核准或申報生效，應檢附之書件如下：
一、前項所列文件。
其中第一款至第三款及第八款，應改為與前次申請或申報書件相異處之對照表及差異原因說明；第五款、第六款、第十二款至第十四款，與前次申請或申報書件相同者免附。
二、受益人會議議事錄。
應記載之決議事項包括追加募集或追加私募受益證券發行價格及原有受益證券持有人依其持有比率優先認購事宜。
前項追加募集或追加私募受益證券發行價格之決定方式及原有受益證券持有人依其持有比率優先認購之應遵行事項，由信託公會擬訂，報請主管機關核定。
一、不動產投資信託計畫。
二、不動產投資信託契約。
三、不動產投資信託契約與定型化契約範本異同之對照表及差異原因說明。
四、公開說明書或投資說明書。
五、不動產投資信託基金經營與管理人員符合主管機關規定之證明文件。
六、設有信託監察人者，其信託監察人之名單、資格證明文件及願任同意書。
七、受託機構董事會決議募集或私募不動產投資信託受益證券之議事錄。
受託機構為外商機構者，得以總行授權單位或人員簽署之文件代之。
八、信託財產之管理及處分方法說明書。
委任不動產管理機構進行信託財產之管理或處分者，該委任契約書及與委任契約範本異同之對照表，並說明差異原因。
九、受託機構填報及會計師或律師複核之案件檢查表（附件十一）。
十、律師之法律意見書（附件十二）。
十一、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，經中央銀行同意之證明文件。
十二、受託機構符合本條例第四條第二項規定之證明文件。
十三、不動產管理機構符合信託公會所定條件之證明文件。
十四、安排機構符合信託公會所定條件之證明文件。
十五、依本條例第八條第一項第五款及第七款規定出具意見之專家，出具與受託機構及不動產所有人無財務會計準則公報第六號所定之關係人或實質關係人情事之聲明書，並出具信託財產已有穩定收入及價格允當性之意見書。
開發型不動產或不動產相關權利部分，免附信託財產已有穩定收入之意見書。
十六、專業估價者依本條例第二十二條規定出具之估價報告書。
無確定投資標的或私募者免附。
十七、前款專業估價者及其估價人員，出具與交易當事人無財務會計準則公報第六號所定關係人或實質關係人情事之聲明書。
十八、受託機構出具發起人非其利害關係人之聲明書。
無確定投資標的者免附。
十九、發起人出具同意讓與不動產或不動產相關權利之證明文件。
無確定投資標的者免附。
二十、受託機構及不動產管理機構出具於最近三年內有無違反法令或相關規定而經各業別主管機關命令停止全部或一部主要業務處分之聲明書。
二十一、依本條例第四十三條規定有信用增強機構者，檢附受託機構與信用增強機構所簽訂並經律師簽證之信用增強契約。
二十二、受益證券有經信用評等機構評定其等級者，檢附信用評等機構出具之信用評等報告。
二十三、會計師出具不動產投資信託是否符合一般公認會計原則之意見書。
二十四、發起人財務業務自評書（附件十四）。
二十五、申報生效案件，受託機構出具無本辦法第十八條所規定情事之聲明書。
二十六、受託機構出具之「受託機構募集或私募不動產投資信託受益證券評估報告」及「受託機構總結意見書」（附件十五）。
二十七、發起人、委託人、安排機構、受託機構、銷售機構等相關參與機構，出具於本會核准或申報生效前，不擅自對外刊登廣告或為其他行銷、提供基金相關訊息之聲明書。
二十八、不動產之建物安全證明書，包括建築物公共安全檢查申報結果通知文件、消防安全設備檢修申報備查結果文件與有關目的事業主管機關認可之機關（構）、學校或團體出具之結構安全、混凝土氯離子含量及輻射偵測或無放射性污染證明文件。
二十九、其他經主管機關規定之文件。
受託機構追加募集或追加私募不動產投資信託基金，依前條規定提出申請核准或申報生效，應檢附之書件如下：
一、前項所列文件。
其中第一款至第三款及第八款，應改為與前次申請或申報書件相異處之對照表及差異原因說明；第五款、第六款、第十二款至第十四款，與前次申請或申報書件相同者免附。
二、受益人會議議事錄。
應記載之決議事項包括追加募集或追加私募受益證券發行價格及原有受益證券持有人依其持有比率優先認購事宜。
前項追加募集或追加私募受益證券發行價格之決定方式及原有受益證券持有人依其持有比率優先認購之應遵行事項，由信託公會擬訂，報請主管機關核定。