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
deems appropriate for the characteristics of the securities, the SEC shall have the power to issue rules, conditions and procedures for register and transferability of securities under the first paragraph
derivatives clearing house. “securities” means securities under the Securities and Exchange Act. “Stock Exchange” means the Stock Exchange of Thailand under the Securities and Exchange Act. “securities trading
. Guidelines for consideration of the interest in accordance with the first paragraph shall be specified by the SEC. SECTION 14. The SEC shall have the power and duty to formulate policies to promote and develop
shall be prohibited from participating in such consideration. Guidelines for consideration of the interest in accordance with the first paragraph shall be specified by the SEC. SECTION 14. The SEC shall
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provision in the first paragraph of Section 19 of the Securities and Exchange Act B.E. 2535 shall be repealed and replaced with the following provision: “SECTION 19.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