/Documents/ActandRoyalEnactment/Act/explan-trustact.pdf (Translation) this Act; (3) record the ownership or right over the trust property, incomes, expenses and debts of the trust and any relating accounts of
exchange, outside the Securities Exchange or an over-the-counter center, of securities, for one's own account in the normal course of business. "investment advisory service" means giving advice in the normal
therefrom. "securities dealing" means a purchase, sale or exchange, outside the Securities Exchange or an over-the-counter center, of securities, for one's own account in the normal course of business
; (2) direct or control the acquisition, disposal or creation of encumbrance over shares issued by a derivatives business operator; or (3) direct or control any other matters as specified in the
than one year; (5) being an officer or an employee of the Office; (6) being a manager or a person with power of management of the operation of securities business, the Securities Exchange, over-the
the interest over a specified rate shall not apply to the securities in the category of debenture and bill which are offered for sale under this Act.” SECTION 8 The following provision shall be added as
trustee and the beneficiary shall be as follows: (1) the settlor shall have rights and duties only as specified in the trust instrument; (2) the trustee shall have legal right over trust property as an
trustee shall have legal right over trust property as an owner of the property or a person entitled to the right over the property, and shall have the duty to manage the trust property in accordance with
instrument; (2) the trustee shall have legal right over trust property as an owner of the property or a person entitled to the right over the property, and shall have the duty to manage the trust property in