Amendments to the Requirements of a REIT Property Manager under Rule 6 of the IRR of R.A. No. 9856

June 14, 2019SEC MSRDNOTICEThe Commission hereby requests all interested parties to comment on the attached AMENDMENTS OF THE QUALIFICATION REQUIREMENTS OF A REIT FUND MANAGER UNDER RULE 6 OF THE IMPLEMENTING RULES AND REGULATIONS OF R.A. NO. 9856 OR THE REAL ESTATE INVESTMENT TRUST (REIT). Kindly address your comments to the Markets and Securities Regulation Department (MSRD), Ground Floor Secretariat Building, PICC Complex, Roxas Boulevard, Pasay City, c/o Atty. Glory Grace Arugay not later than 12nn 1 July 2019. You may also email your comments to [email protected], [email protected], [email protected] and [email protected].Issued on June 14, 2019.ATTACHMENTSEC MEMORANDUM CIRCULAR NO. ___Series of 2019SUBJECT:AMENDMENTS TO THE QUALIFICATION REQUIREMENTS OF A REIT FUND MANAGER UNDER RULE 6 OF THE IMPLEMENTING RULES AND REGULATIONS OF REPUBLIC ACT NO. 9856 OR THE REAL ESTATE INVESTMENT TRUST RULE 6 — FUND MANAGERSEC. 1. Fund Manager. — A REIT shall appoint a Fund Manager who shall be independent of the REIT, its promoter/s or sponsor/s. To ensure independence of the fund manager from the REIT, the following shall be...