any state enterprise, government organization, or district office; (5) not having a position or any responsibility or having an interest in a securities company. SECTION 22. Apart from the expiration of
bills, divided into units, each with equal value and a predetermined rate of return, issued by any company to a lender or purchaser, representing the right of the holder of such instrument to receive
. SECTION 3. The definition “company” in Section 4 of the Securities and Exchange Act B.E. 2535 shall be amended and replaced by the following texts: ““company” means any limited company or public limited
Increasing flexibility of supervision and control of securities business The SEC may exempt a securities company from undertaking or prescribe a securities company to undertake in a different manner from
company, any other type of juristic person as may be prescribed by the SEC or the establishment of trust. A limited company, a public limited company, any other type of juristic person as may be prescribed
juristic person established in the form of a limited company, a public limited company, any other type of juristic person as may be prescribed by the SEC or the establishment of trust. A limited company, a
Decree shall be processed by a special purpose juristic person established in the form of a limited company, a public limited company, any other type of juristic person as may be prescribed by the SEC or
person other than a securities company which is a member of the Securities Exchange is allowed to conduct the purchase or sale of a particular type of listed securities on the Securities Exchange.” SECTION
of the Office of the SEC. Chapter 2 Special Purpose Juristic Person Section 9. A special purpose juristic person may be established in the form of a limited company, a public limited company, a mutual
may not require a securities company to have a paid- up registered capital in an amount specified for operation of any particular category of securities business, except for a security company operating