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

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

declares his intention to the fund manager or the liquidator to transfer all of the amount of benefits entitled to receive from the fund by such employee or the remaining amount in cases of installment

within sixty days in order to proceed in accordance with Section 31/7; in this regard, the retiring board members shall remain in office until the successor assumes duties. The provisions of Section 12 and

the term of office. 6Upon expiration of the term of office of board members, the SEC shall propose a list of experts to the Selection Committee within sixty days in order to proceed in accordance with

in accordance with the rules specified by the SEC. “originator” means a person that transfers or will transfer an asset to or places or will place an asset with a special juristic person https

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

under this Act, it shall proceed in accordance with the first paragraph. Section 7. A fund which has been registered shall become a juristic person. 2 indicated amendment by the Provident Fund Act (No.2

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