19(6) and https://publish.sec.or.th/nrs/5197pe.doc (Translation) ” means a contract whereby a person, called a settlor, transfers or creates real right or any right appertaining to property to or for

property fund)… by a result of this trust instrument, and completed as a trust when a settlor creates right appertaining to property to a trustee by means of obligating to transfer the assets of the property