Section 194: Registration of real estate investment company.

A real estate investment company or trust may be registered by the Commission if it:(a) is a body incorporated under the Companies and Allied Matters Act;
(b) has a capital and reserve as prescribed by the Commission from time to time;
(c) carries on business as a collective investment scheme solely in properties;
(d) complies with the requirement prescribed by the Commission through its rules and regulations made from time to time.