person who is unqualified under Section 13 to be the fund manager, shall be subject to a fine not exceeding ten thousand baht. Section 35.4 Any fund manager who fails to comply with the order of the

fund committee that fails to comply with the second paragraph of Section 11, Section 21, the third paragraph of Section 25, or Section 26, or appoints a person who is unqualified under Section 13 to be