or damages arising from or related to its use. 2 “securitization” means acceptance of transfer of assets or acceptance of assets placed as collateral from an originator for an issuance and offer of

shall come into force on the date following the date of its publication in the Government Gazette. Section 3. In this Royal Enactment, “securitisation” means a receipt of transfer of assets and an

: “SECTION 15. The SEC shall have the power to appoint a sub-committee to perform any matter as assigned by the SEC. 5 The provisions of Section 12 shall apply to the meeting of the sub-committee mutatis

acceptance of transfer of assets or acceptance of assets placed as collateral from an originator for an issuance and offer of securities for sale to investors, providing that proceeds obtained from the offer

juristic person” means a vehicle established for the purpose of securitization and registered as a special purpose juristic person under this Emergency decree. “securitization” means acceptance of transfer

shall form a quorum. If the Chairman of the SEC is not present at the meeting or cannot perform his duty, and if there is a Vice-Chairman, the Vice-Chairman present at the meeting shall be the Chairman of

position. SECTION 12. At least half of the commissioners of the SEC shall form a quorum. If the Chairman of the SEC is not present at the meeting or cannot perform his duty, and if there is a Vice-Chairman

the Government Pension Fund, provided that the transfer of such assets to the fund shall be in accordance with the rules and procedures prescribed by the registrar’s notifications; (7) other assets as

previous fund or from the Government Pension Fund, provided that the transfer of such assets to the fund shall be in accordance with the rules and procedures prescribed by the registrar’s notifications; (7

of the employee’s assets transferred from his previous fund or from the Government Pension Fund, provided that the transfer of such assets to the fund shall be in accordance with the rules and