the management of investments under a mutual fund project by issuing investment units of each project for sale to the public and bringing proceeds thereform to invest in, or procure for profit from
thereform to invest in, or procure for profit from holding in, securities, derivative, or any other properties, or invest in or procure for profit by other means. "private fund management"2 means the
management of the private fund without giving prior notice; (4) making a representation to the person authorizing the management of the private fund that there will be a profit or return at a certain rate or
, for profit and has been licensed or registered under this Act, excluding those derivatives fund managers with the characteristics as specified in the notification of the SEC. “derivatives exchange
to the Capital Market Development Fund under Section 218/2 within one-hundred and fifty days as of the end date of the calendar year at a rate not less than nighty percent of the income after deducting
under Section 10 presents false information or conceals facts which should have been stated shall be subject to a fine 3not exceeding five hundred thousand baht. Section 34. Any special purpose juristic
. Chapter 5 Penal Provisions Section 33. Any person in proposing a project under Section 10 presents false information or conceals facts which should have been stated shall be subject to a fine [footnoteRef:8
information or conceals facts which should have been stated shall be subject to a fine not exceeding five hundred thousand baht. Section 34. Any special purpose juristic person which contravenes Section 13
fails to comply with the third paragraph of Section 33/1, Section 35 or Section 35/1 shall be liable to a fine not exceeding 10 five hundred thousand baht and a further fine not exceeding ten thousand