to deviate from normal market conditions; (b) the client’s derivatives trading is inappropriate or may contravene the Law on Derivatives3; (c) the client fails to notify, provide information or prepare
the REIT manager has to be at least the following: 1. resignation; 2. removal when it appears that the REIT manager fails to manage the REIT in accordance with the duties as specified in the trust
the approved entity or its directors or executives fails to give clarification or make correction within the specified period, the SEC Office may revoke the approval under (2); and (2) revoke the
foreign entity, its directors or executives fails to give a clarification or make correction within the specified period, the SEC Office may revoke the approval under (2); and (2) revoke the approval for
of such reports or documents. Clause 11/3.16 In the case where the investment advisory company violates or fails to comply with Clause 2/1, Clause 11/1, or Clause 11/2 or does any improper act which
license type C , as the case may be, at all time during its undertaking of derivatives business. If the derivatives business licensee fails to satisfy any condition set out under Paragraph 1, the Securities
business license type C, as the case may be, at all time during its undertaking of derivatives business. If the derivatives business licensee fails to satisfy any condition set out under Paragraph 1, the
Supervisory Board.9 In cases where the licensee fails to comply with the conditions specified under the first paragraph, the Minister with the SEC’s recommendation may revoke such license. Clause 17 Subject to