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notification of the Capital Market Supervisory Board. In such event, the Capital Market Supervisory Board may specify the details of the following matters: (1) debt to equity ratio; (2) period for the offering
appointed as commissioners in the SEC or board members in the Capital Market Supervisory Board, as the case may be, the names of the selected persons shall be proposed to the Minister for issuance of the
translation is strictly for reference and shall not in any event be construed or interpreted as having effect in substitution for or supplementary to the Thai version. The SEC Office cannot undertake any
of English version shall not in any event be construed or interpreted as having effect in substitution for or supplementary to the Thai version thereof. Please note that the translation has not been
Trust for Transactions in Capital Market Act B.E. 2550 was prepared by staff members of the SEC Office. Readers should be aware that only the original Thai text has legal force and that English
prescribe in its notifications details for compliance of the trustee in the said matter. SECTION 39 In cases where several trustees are appointed, the trustees shall jointly manage the trust unless the trust
compliance with a trust instrument or this Act. _______________________________________________________________________ This English translation of the Trust for Transactions in Capital Market Act B.E. 2550
should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. The SEC, Thailand cannot undertake any responsibility for its accuracy nor be