purpose juristic person fails to process the securitization under the approved project without any proper reason, the SEC Office has the power to revoke the registration of the special purpose juristic

. If the SEC Office has found that any special purpose juristic person fails to process the securitization under the approved project without any proper reason, the SEC Office has the power to revoke the

proper reason, the SEC Office has the power to revoke the registration of the special purpose juristic person and require such special purpose juristic person and the originator to jointly liable for a

for whatever reason, resulting in the suspension of the activities under the approved project, the Office of the SEC shall have the power to appoint one or several persons as it deems appropriate to be

resolution and order shall state clear reason therefor. If the office of the Chairman or a commission member is vacated prior to the expiration of the term of office, the Cabinet may appoint another person to

cases of a commissioner, provided that the resolution and the order shall state clear reason therefor. If the office of the Chairman or a commissioner is vacated prior to expiration of the term of office

passed a resolution with at least two-thirds of all commissioners in cases of a commissioner, provided that the resolution and the order shall state clear reason therefor. If the office of the Chairman or