following the date of its publication in the Government Gazette. SECTION 3. The definition “mutual fund management” in Section 4 of the Securities and Exchange Act B.E. 2535 shall be repealed and replaced
provisions regarding the general meeting or member meetings classified by investment policies or employers in cases where the fund is established with multiple investment policies or as a pooled fund, as the
manager shall make use of the employee’s savings and the employer’s contribution in accordance with the investment policy assigned by the employee. In cases where no investment policy has been assigned by
the fund’s operation; (10)3 the provisions regarding the general meeting or member meetings classified by investment policies or employers in cases where the fund is established with multiple investment
accordance with the rules prescribed in the fund’s articles. A fund may be established as a single fund or a pooled fund which may have one or multiple investment policies. Section 6. Upon agreement of the
this Act contains certain provision relating to the restriction of rights and liberties of persons which Section 29, in conjunction with Section 41, Section 43 and Section 44 of the Constitution of the
exchange, outside the Securities Exchange or an over-the-counter center, of securities, for one's own account in the normal course of business. "investment advisory service" means giving advice in the normal
. "investment advisory service" means giving advice in the normal course of business to the public whether directly or indirectly concerning the value of securities or the suitability of investing in those
the management of funds of a person or group of persons who has authorized the management of investment to acquire benefit from securities, whether or not investment in other assets is also made, which
approval of the SEC Office in lieu of seeking the resolution of the unitholders in accordance with the second paragraph of Section 129: (1) change of the criteria for sale and redemption of investment units