more than two consecutive terms. Upon the expiration of the term of office, the appointment of new Chairman and commission members shall be made within sixty days. During the period when new Chairman or
company, such person shall be liable to imprisonment for a term not exceeding six months or a fine not exceeding two hundred thousand baht, or both. In cases where any securities company commits an offence
have Thai nationality, members of the SET may elect not more than two persons as directors of the SET. 3.5 Extending directors’ term of office The directors, except manager of the SET, shall hold office
. SECTION 36 In cases where a trustee fails to perform duty under Section 34 which causes the trust property of two or more trusts to be commingled in the manner that it is unable to identify to which
include the property that is transformed into a different form or state. SECTION 36 In cases where a trustee fails to perform duty under Section 34 which causes the trust property of two or more trusts to
two or more trusts to be commingled in the manner that it is unable to identify to which respective trust the property belongs, it shall be presumed that the commingled property, including property that
the duties of director, manager or any person responsible for the operation of the securities company or the company, such person shall be liable to imprisonment for a term not exceeding two years or a
article, provided that the rate so prescribed shall not be less than two per cent but not more than fifteen per cent of the wages.” * Readers should be aware that only the original Thai text has legal force
term of four years and may be re-appointed but shall not hold office for more than two consecutive terms. Upon expiration of the term of office, the appointment of new Chairman and commissioners shall be
commissioner appointed in accordance with Section 8 shall hold office for a term of four years and may be re-appointed but shall not hold office for more than two consecutive terms. Upon expiration of the term