Commission hereby referred to as the "SEC" shall be established, comprising the Chairman appointed by the Cabinet upon the recommendation of the Minister of Finance, the Governor of the Bank of Thailand, the
a legal entity in any of the following categories: 7 (1) a commercial bank under the Commercial Banking Act; (2) a finance company or credit foncier under the Undertakings of Finance Business
recommendation of the Minister of Finance, the Permanent Secretary of the Ministry of Finance, the Permanent Secretary of the Ministry of Commerce and the Governor of the Bank of Thailand and at least four but not
recommendation of the Minister of Finance, the Permanent Secretary of the Ministry of Finance, the Permanent Secretary of the Ministry of Commerce and the Governor of the Bank of Thailand and at least indicated
persons) • Chairman of the SET as Chairman • Deputy Secretary-General of the SEC as Vice Chairman • Representatives from the Ministry of Finance, the Bank of Thailand and the Office of Insurance Commission
, ceases to be a juristic person, or ceases to be a commercial bank; (3) the trustee is dismissed from trusteeship; (4) the SEC temporarily suspends the trustee’s undertaking of trust business, or revokes
occurs: (1) the trustee resigns; (2) the trustee is under receivership, ceases to be a juristic person, or ceases to be a commercial bank; (3) the trustee is dismissed from trusteeship; (4) the SEC
following causes occurs: (1) the trustee resigns; (2) the trustee is under receivership, ceases to be a juristic person, or ceases to be a commercial bank; (3) the trustee is dismissed from trusteeship; (4
be repealed and replaced with the following provisions: “SECTION 37 The provision under Section 1229 of the Civil and Commercial Code which prohibits issuance of debentures by a limited company shall