REIT Act definition

REIT Act means Republic Act No. 9856, or the Real Estate Investment Trust Act of 2009 and its implementing rules and regulations, as they may be amended from time to time.
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Examples of REIT Act in a sentence

  • If all the conditions to the Merger set forth in Article VIII shall have been fulfilled or waived (and this Agreement shall not have been terminated as provided in Article IX), AIP and RELP shall cause Articles of Merger satisfying the requirements of the Texas REIT Act and Articles of Merger satisfying the requirements of the LP Act to be properly executed, verified and delivered for filing in accordance with the LP Act and the Texas REIT Act on the Closing Date.

  • At the same time, the Company, being a SZIT, is required to determine its corporate tax base with a view to the provisions of the REIT Act, but it is only subject to corporate tax for the calculated base in certain cases (e.g. on a tax base proportionate to the income from related parties), and in view of this, the corporate income tax was set at HUF 1,873,000 (see the calculation below), and the payable innovation contribution obligation of HUF 12,760,000 was calculated as payable by the Company in 2020.

  • The shareholders shall be subject to the obligations set forth in Articles 10 and comply with the REIT Act.

  • Except as otherwise provided by applicable law or the Declaration of Trust, the power to alter, amend or repeal these Bylaws or to adopt new Bylaws shall be vested in the Trust Managers and (to the extent not inconsistent with the Texas REIT Act and the Declaration of Trust and specified in the notice of the meeting) the shareholders.

  • Domestic and foreign dividends Dividends distributed or capitalised by domestic or foreign corporations on units held as business assets are generally not taxable for corporations, with the exception of dividends for corporations under the German REIT Act (REIT-Gesetz - REITG)5).

  • The Trust shall not engage in any activities beyond the scope of the purpose of a real estate investment trust formed pursuant to the Texas REIT Act, as such purpose is set forth in Article Two hereof.

  • The Trust intends to make investments that are consistent with the applicable requirements of the Internal Revenue Code of 1986, as amended, and the Texas REIT Act, as amended, and related regulations with respect to the composition of the Trust's investments and the derivation of its income.

  • The provisions of these Bylaws shall be subject to all valid and applicable laws, including, without limitation, the Texas REIT Act as now or hereafter amended, and in the event that any of the provisions of these Bylaws are found to be inconsistent with or contrary to any such valid laws, the latter shall be deemed to control and these Bylaws shall be deemed modified accordingly, and, as so modified, shall continue in full force and effect.

  • At the same time, the Company, being a REIT, is required to determine its corporate tax base with a view to the provisions of the REIT Act, but it is only subject to corporate tax for the calculated base in certain cases (e.g. on a tax base proportionate to the income from related parties), and in view of this, the corporate income tax was set at HUF 573,000 (see the calculation below), and the payable innovation contribution obligation of HUF 12,008,000 was calculated as payable by the Company in 2021.

  • Dividends from German and foreign companies, which are distributed in respect of units held in operating assets or which are reinvested, are, with the exception of dividends under the REITG (Ger- man REIT Act), tax-exempt for corporations5.

Related to REIT Act

  • IT Act means the (Indian) Income-tax Act, 1961, as may be amended or supplemented from time to time together (including any successor provisions or re- enactments thereof) with all applicable bye-laws, rules, regulations, circulars, guidelines, notifications, orders, ordinances, policies, directions and the like issued thereunder, as may be amended or modified from time to time.

  • FILOT Act means Title 12, Chapter 44, of the Code, and all future acts successor or supplemental thereto or amendatory thereof.

  • VAT Act means the Value Added Tax Act, No 89 of 1991, as may be amended from time to time.

  • Budget Act means an act containing appropriations which form a portion of the state's annual budget.

  • ECT Act means the Electronic Communications and Transaction Act No 25 of 2002, as amended;

  • the 1981 Act which means the Compulsory Purchase (Vesting Declarations) Act 1981.

  • Waste code means the six digit code referable to a type of waste in accordance with the List of Wastes (England)Regulations 2005, or List of Wastes (Wales) Regulations 2005, as appropriate, and in relation to hazardous waste, includes the asterisk.

  • the 1985 Act means the Companies Act 1985;

  • ACNC Act means the Australian Charities and Not-for-profits Commission Act 2012 (Cth).

  • Broad-Based Black Economic Empowerment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • PBR Act means the Plant Breeder’s Rights Xxx 0000 (Cth) as amended from time to time.

  • POPI Act means the Protection of Personal Information Act 4 of 2013 as may be amended from time to time;

  • the 1961 Act means the Land Compensation Act 1961(d); “the 1965 Act” means the Compulsory Purchase Act 1965(e); “the 1980 Act” means the Highways Act 1980(f);

  • the 1989 Act means the Local Government and Housing Act 1989;

  • Atomic Energy Act means the Atomic Energy Act of 1954, as amended.

  • EP Act means the Environmental Protection Xxx 0000;

  • Broad-Based Black Economic Empower-ment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • Cannabis Act means An Act respecting cannabis and to amend the Controlled Drugs and Substances Act, the Criminal Code and other Acts, S.C. 2018, c. 16, as amended from time to time.

  • FOI Act means the Freedom of Information Xxx 0000 and any subordinate legislation made under this Act from time to time together with any guidance and/or codes of practice issued by the Information Commissioner in relation to such legislation;

  • Federal Clean Air Act means Chapter 85 (§ 7401 et seq.) of Title 42 of the United States Code.

  • Family Law Act means the Family Law Act, R.S.O. 1990, c. F.3, as am. S.O. 2006, c. 1, s.5; 2006, c. 19, Sched. B, s. 9, Sched. C, s. 1(1), (2), (4);

  • TIF Act means the Real Property Tax Increment Allocation Redevelopment Act, Sections 99.800 to 99.865, inclusive, of the Revised Statutes of Missouri, as amended.

  • The "Clean Air Act means those provisions contained in 42 U.S.C. §§ 7401 to 7671q, and regulations promulgated thereunder.

  • Fair Housing Act means the Fair Housing Act, as amended.

  • IBC Code means Insolvency and Bankruptcy Code, 2016 as amended from time to time;

  • the 1991 Act means the Water Industry Act 1991(a);