entitlement in property held on trust by a derivatives business operator for its customer with a view to delivery or as a result of acceptance of delivery under derivatives transaction for the account of a
the first paragraph causes damage, the new trustee shall compensate the trust property or the third person for such damage, as the case may be. SECTION 29 In cases where there is a cause of alteration
. 2550; Being the 62nd Year of the Present Reign. His Majesty King Bhumibol Adulyadej is graciously pleased to proclaim that: Whereas it is expedient to enact a law on the trust for transactions in the
________________ SECTION 18 When a trust is created, rights and duties of the settlor, the trustee and the beneficiary shall be as follows: (1) the settlor shall have rights and duties only as specified in the trust
representative; (4) undertake any other acts as specified in the notification of the Capital Market Supervisory Board. In cases where a public limited company offers newly issued secured debentures for sale to its
the English translation is strictly for reference. Accordingly, the SEC Office cannot undertake any responsibility for its accuracy, nor be held liable for any loss of damages arising from or related to
Emergency Decree, “special purpose juristic person” means a vehicle established for the purpose of securitization and registered as a special purpose juristic person under this Emergency decree. *Published in
to announce that: Whereas it is expedient to enact a law on special purpose juristic persons for securitization; H.M. the King, by virtue of Section 175 of the Constitution of the Kingdom of Thailand
amount payable from the date of revocation of its status as a special purpose juristic person. Section 23. The dissolution of a special purpose juristic person which is a limited company or a public