company (“AMC”) to easier receive unitholders’ resolution in revision or modification of mutual fund project or management procedure Amendments Details 2.1 Imposing fiduciary duty of AMC in mutual fund
necessary, the SEC Office upon approval of the SEC may revise or modify the operating plan; in such regard, the provision in the first paragraph shall be applicable, mutatis mutandis. The operating plan of
. In the case where it is appropriate or necessary, the SEC Office upon approval of the SEC may revise or modify the operating plan; in such regard, the provision in the first paragraph shall be
plan to the Minister for acknowledgment every year and disclose the operating plan in a manner available for public access. In the case where it is appropriate or necessary, the SEC Office upon approval
completely vested with the trust property. SECTION 26 In case of alteration of trustee, the former trustee or the surviving trustee shall undertake all actions necessary to vest the new trustee with the right
prescription of guidelines for consideration of any issues that may arise from the enforcement of this Act. SECTION 9 The SEC Office shall have the power and duty to perform any act necessary for the
necessary for the implementation of the SEC’s resolutions and to perform any other acts under the provisions of this Act. Such power and duty shall include: (1) the issuance of notifications or orders
issues which many arise from the enforcement of this Act. SECTION 10. In cases where it is necessary to maintain economic stability or protect the public interest or investors, the SEC shall have the power
issues which many arise from the enforcement of this Act. SECTION 10. In cases where it is necessary to maintain economic stability or protect the public interest or investors, the SEC shall have the power
year at a time, provided further that the Minister may extend the period or prescribe the condition as necessary and expedient.” SECTION 5. The provision in Section 16 of the Provident Fund Act B.E. 2530