A Fund Manager of a Fund other than a Property Fund must before investing in Real Property, appoint, with the approval of the Person providing the oversight function for the Fund, a Valuer with relevant expertise who meets the requirements in
[CIR Rule 13.4.19] and likewise upon any vacancy to ensure that any property in the Fund Property is expertly valued.
Derived from RM72/2010
(Made 11th July 2010). [VER13/07-10]