and executives are subject additional disclosure only in case of simultanous holding of similar positions at other listed companies. This requirement also applies to independent directors who provide
requirement for financial advisor participation in the preparation of the registration statement; 3) Fees: to exempt the filing fee of the registration statement and require only the application fee of
infrastructure trusts to ensure that they have adequate and suitably high levels of capital. Under the proposed amendments, the initial capital requirement or the minimum amount of owner’s equity must be
change include: - Lifting the requirement for pre-declaration of intent by RMF / LTF unitholders regarding obligatory transfer in case of fund dissolution; - Allowing asset management companies to use
business operation; primarily the meeting will consider the appointment of additional directors to meet the requirement and solve the existing legal issues , and the repayment on bills of exchange and
capital rules serve as initial capital requirement for those intending to operate a securities business. Once the business operation begins, the licensees must also maintain on-going capital suitable for
waiver of the filing fee, and lift the requirement that a financial advisor participate in the preparation for the PO application and the registration statements.In drafting the proposed amendments, the
procedure to replace the performance of the audit committee because there is less possibility of damage to the customers and requirement of the audit committee may cause unnecessary burden on the business
plants.The proposed amendments will make it more conductive for business operators with multiple small power plant projects to raise capital through infrastructure funds. The minimum investment requirement
concerning the limitation of the voting rights and the disclosure requirement over the one-third rule so that asset management companies can disclose such information to investors. The afore-mentioned