and Section 28 of the Derivatives Act B.E. 2546 (2003) , which contains certain provisions related to the restriction of rights and liberty of persons, which Section 29 in conjunction with Section 35
Section 28 of the Derivatives Act B.E. 2546 (2003), which contains certain provisions related to the restriction of rights and liberty of persons, which Section 29 in conjunction with Section 35, Section 36
Majesty King Bhumibol Adulyadej is graciously pleased to proclaim that: Whereas it is expedient to amend the law on derivatives; Whereas this Act contains certain provision relating to the restriction of
of instruments comply with the requirements. 2. The transfer restriction is registered, including features of bonds, draft terms and conditions and a bondholders' representative appointment agreement
transfer restriction, features of bonds, draft terms and conditions and a bondholders' representative appointment agreement (in case of secured bonds/ bonds with a bondholders' representative). - Can be
approval rules - Applicable to the offering of bonds only. - For the offering of bonds, the approval will be granted upon the registration of the transfer restriction, features of bonds, draft terms and
Qualifications and approval rules - Applicable to the offering of b onds only. - For the offering of bonds, the approval will be granted upon the registration of the transfer restriction, features of bonds, draft
concurrently with) the issuance of the bond.” While such SPTs will be the most transparent and easiest to calculate results of, some issuers may elect dynamic targets that could change over the life of the bond
necessary. The regulations under this Notification set a standard for operation of derivatives clearing houses so that their services are efficient, transparent, and examinable, in a bid to promote confidence