COLL S5.15 Valuation and pricing

(1) A provision stating that there must be only a single forward price for any unit calculated from time to time by reference to a particular valuation point.
(2) Details of the following:
(a) how frequently, and at what times of the day, the scheme property must be regularly valued to calculate the price at which units in the REIT may be issued, and a description of any circumstances in which the scheme property may be specially valued;
(b) how the value of the scheme property must be calculated in relation to each purpose for which it must be valued;
(c) how the price of units in each class must be calculated;
(d) where, and at what frequency, the most recent prices must be published.
Inserted by QFCRA RM/2016-1 (as from 19th September 2016)