sale under the first paragraph shall include an exchange between digital assets on a digital asset exchange. Section 39. In this Chapter: “ executive ” means a manager or a person responsible for the
Chapter: “executive” means a manager or a person responsible for the management of the digital token offeror, whether de facto or as authorised by the board of directors of the digital token offeror in the
than one year; (5) being an officer or an employee of the Office; (6) being a manager or a person with power of management of the operation of securities business, the Securities Exchange, over-the
position in a political party unless having vacated such position not less than one year; (5) being an officer or an employee of the SEC Office; (6) being a manager or a person with power of management of
Minister shall be Thai national and shall not possess any prohibited characteristics in accordance with Section 9 and shall not be director, manager, person with power of management, officer, employee
the director, manager and executive of such juristic person, as specified in the notification of the SEC Office.” SECTION 11 The provision under (3) of Section 126 of the Securities and Exchange Act B.E
a term not exceeding ten years or a fine not exceeding two million baht, or both. SECTION 86 Any director, manager, officer, employee, agent or person appointed to manage a trust dishonestly
governing securities and exchange. “Office of the SEC” means the Office of the Securities and Exchange Commission under the law governing securities and exchange. “competent officer” means a person appointed
securities and exchange. “competent officer” means a person appointed by the Minister to act in accordance with this Emergency Decree. “Minister” means the Minister in charge of the execution of this Emergency
. “competent officer” means a person appointed by the Minister to act in accordance with this Emergency Decree. “Minister” means the Minister in charge of the execution of this Emergency Decree. Section 4. The