have Thai nationality, members of the SET may elect not more than two persons as directors of the SET. 3.5 Extending directors’ term of office The directors, except manager of the SET, shall hold office
. SECTION 36 In cases where a trustee fails to perform duty under Section 34 which causes the trust property of two or more trusts to be commingled in the manner that it is unable to identify to which
include the property that is transformed into a different form or state. SECTION 36 In cases where a trustee fails to perform duty under Section 34 which causes the trust property of two or more trusts to
the trustee to a third person against the obligation arising from the management of trust owed to the trust by the third person. The set-off in contravention of the first paragraph is void. SECTION 33
to the registrar according to the rules and procedures prescribed by ministerial regulations. If a provident fund which has been set up before the effective date of this Act is intended to be a fund
regulations. If a provident fund which has been set up before the effective date of this Act is intended to be a fund under this Act, it shall proceed in accordance with the first paragraph. Section 7. A fund
member is entitled to one vote. In the event of a tied vote, the chairman of the meeting shall have a casting vote. SECTION 13. The subcommittee members shall receive remuneration as specified by the
member is entitled to one vote. In the event of a tied vote, the chairman of the meeting shall have a casting vote. SECTION 13. The subcommittee members shall receive remuneration as specified by the
registration of the mutual fund, the Office of the SEC shall simultaneously register it as a special purpose juristic person. In the process of securitisation, the SEC shall have the power to issue any
Minister in charge of the enforcement of this Act. SECTION 4/1.( The SEC shall have the power to determine the undertaking of business in any manner is not a securities business under this Act. SECTION 5.4