provision: “(5) borrowing in the name of the mutual fund or creating any encumbrances on the assets of the mutual fund, except entering into derivative or engaging in the transaction in accordance with the
, engaging in juristic act binding the company to increase its cost of capital in cases where third person lacks liquidity or is unable to perform the obligation or giving financial assistance to other persons
. Furthermore, the current sluggish economic conditions might have far-reaching effects on the economy which could in the long run undermine the economic stability of the country. And since the preservation of
country. It is therefore expedient to enact the law on special purpose juristic persons for securitization. Furthermore, the current sluggish economic conditions might have far-reaching effects on the
country. It is therefore expedient to enact the law on special purpose juristic persons for securitisation. Furthermore, the current sluggish economic conditions might have far-reaching effects on the
stipulate in its notification. SECTION 58 In furtherance of the interest of the beneficiary or protect the third person engaging in juristic acts with a trustee, the SEC shall have the power to specify in its
manner; (7) any other operating systems as the SEC may stipulate in its notification. SECTION 58 In furtherance of the interest of the beneficiary or protect the third person engaging in juristic acts with
furtherance of the interest of the beneficiary or protect the third person engaging in juristic acts with a trustee, the SEC shall have the power to specify in its notification the rules relating to the power
DRAFT (Translation) DERIVATIVES ACT B.E. 2546 (2003) (As Amended) BHUMIBOL ADULYADEJ, REX., Given on the 3rd Day of July B.E. 2546; Being the 58th Year of the Present Reign. His Majesty King Bhumibol Adulyadej is graciously pleased to proclaim that: Whereas it is expedient to enact a law governing derivatives transactions; Whereas this Act contains certain provisions relating to the restriction of rights and liberties of persons, which Section 29, in conjunction with Section 35, Section 36, Sec...
DRAFT (Translation) DERIVATIVES ACT B.E. 2546 (2003) ( (As Amended) BHUMIBOL ADULYADEJ, REX., Given on the 3rd Day of July B.E. 2546; Being the 58th Year of the Present Reign. His Majesty King Bhumibol Adulyadej is graciously pleased to proclaim that: Whereas it is expedient to enact a law governing derivatives transactions; Whereas this Act contains certain provisions relating to the restriction of rights and liberties of persons, which Section 29, in conjunction with Section 35, Section 36, Se...