RAP 7 definition
RAP 7 means the Statement of Recommended Accounting Practice 7 “Reporting Framework for Unit Trusts“; “Title Documents” means documents of title (including land grants, leases, building agreements and agreements to lease) relating to the CMT Properties or the CCT Properties, as the case may be, and “Title Document“ means any of such documents; and
RAP 7 means the Statement of Recommended Accounting Practice 7 “Reporting Framework for Unit Trusts”.
Examples of RAP 7 in a sentence
RAP 7 requires the accounting principles to generally comply with the recognition and measurement principles of the Singapore Financial Reporting Standards prescribed by the Accounting Standards Council.