COLL 12.6.7 REITs and intermediate holding vehicles

If a REIT holds an immovable (whether located in or outside Qatar) through an intermediate holding vehicle, or a series of intermediate holding vehicles, the operator of the REIT must ensure that the vehicle, or each of the vehicles, distributes its income to the REIT. The income is to be distributed to the extent permitted by the law of the jurisdiction where the vehicle is established.

Inserted by QFCRA RM/2016-1 (as from 19th September 2016)