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Trust for Transactions in Capital Market Act B.E. 2550 was prepared by staff members of the SEC Office. Readers should be aware that only the original Thai text has legal force and that English
the trustee shall comply may also be prescribed. SECTION 60 In order to prevent or cease the damage to a trust or the public, the SEC Office shall have the power to direct a trustee to act or refrain
the person acquired that property did not know or should not have known that the acquired property has been disposed or transferred in breach of trust. SECTION 41 In managing a trust or delegating any
Secretary-General shall be a commissioner and the secretary of the SEC SECTION 9.4 The Chairman and each commissioner appointed in accordance with Section 8 shall be Thai nationals and shall not have the
in accordance with Section 8 shall be Thai nationals and shall not have the following prohibited characteristics: (1) being an incompetent or quasi-incompetent person; (2) being or having been a
, provided that such person does not have any of the prohibited characteristics as prescribed in Section 23. In cases where it is subsequently found that the person acting as a director, manager, or holding a
of English version shall not in any event be construed or interpreted as having effect in substitution for or supplementary to the Thai version thereof. Please note that the translation has not been