derivatives business operator is an individual, such individual shall not have any of the following prohibited characteristics: (1) being a person under receivership or a bankrupt; (2) being an incompetent or
following the date of its publication in the Government Gazette. SECTION 3 In this Act: “trust” means legal relationship arising from a trust instrument. “trust instrument” means a contract whereby a person
” means a contract whereby a person, called a settlor, transfers or creates real right or any right appertaining to property to or for another person, called a trustee, with trust and confidence in order
trust instrument “trust instrument” means a contract whereby a person, called a settlor, transfers or creates real right or any right appertaining to property to or for another person, called a trustee
such instrument to receive money or other benefit. "underwriter" means any person who underwrites the sale of securities to the public. "prospectus" means any document issued for the purpose of inviting
money or other benefit. "underwriter" means any person who underwrites the sale of securities to the public. "prospectus" means any document issued for the purpose of inviting any person to subscribe or
for the construction of toll ways. “a special purpose juristic person” means a juristic person established for the purpose of securitisation under this Royal Enactment. Published in the Government
Emergency Decree, “special purpose juristic person” means a vehicle established for the purpose of securitization and registered as a special purpose juristic person under this Emergency decree. *Published in
, dated 28 June B.E. 2540 The English translation of the Emergency Decree on Special Purpose Juristic Person for Securitization B.E. 2540 (1997) was originally prepared by Freshfields Ltd. Owing to the