, designate a person who shall receive the payment out of the fund, or has designated the person but such person died before the payment is made, the payment shall be made out of the fund under the first
under this Act, it shall proceed in accordance with the first paragraph. Section 7. A fund which has been registered shall become a juristic person. 2 indicated amendment by the Provident Fund Act (No.2
regulations. If a provident fund which has been set up before the effective date of this Act is intended to be a fund under this Act, it shall proceed in accordance with the first paragraph. Section 7. A fund
the SEC. In cases where the settlor or the trustee, by virtue of beneficiary, receives interest more than the proportion specified in the first paragraph, the interest shall be allocated to another
more than the proportion specified in the notification of the SEC. In cases where the settlor or the trustee, by virtue of beneficiary, receives interest more than the proportion specified in the first
proportion specified in the first paragraph, the interest shall be allocated to another beneficiary or other beneficiaries. UNOFFICIAL 4 SECTION 14 A trust instrument without the following particulars and
provision in the first paragraph of Section 19 of the Securities and Exchange Act B.E. 2535 shall be repealed and replaced with the following provision: “SECTION 19. The Office has the power and duty to
consideration. Guidelines for consideration of the interest in accordance with the first paragraph shall be specified by the SEC.” SECTION 7. The following texts shall be inserted as sub-clause (4/1) in Section
not a securities business under this Act.” SECTION 4 The following provision in the first paragraph of Section 16/1 of the Securities and Exchange Act B.E. 2535, as amended by the Securities and
subcommittee to perform any matter as designated. The subcommittee under the first paragraph shall consist of a chairman and at least four other qualified members with the knowledge and expertise in relation to