to the Capital Market Development Fund under Section 218/2 within one-hundred and fifty days as of the end date of the calendar year at a rate not less than nighty percent of the income after deducting

terms and conditions. In absence of such terms and conditions, the beneficiary and the trustee may mutually agree to amend the trust instrument to the extent that it is not contrary to the purpose of the

amendment to a trust instrument shall be made as provided by its terms and conditions. In absence of such terms and conditions, the beneficiary and the trustee may mutually agree to amend the trust instrument

_____________________ SECTION 20 An amendment to a trust instrument shall be made as provided by its terms and conditions. In absence of such terms and conditions, the beneficiary and the trustee may mutually agree to

the SEC Office, and other income derived from the operation of the SEC and the SEC Office shall be the property of the SEC Office. After deducting the expenses and reserves under Section 26, the

the SEC with the approval of the Minister. 12 SECTION 27. All fees specified in the ministerial regulations, other fees received by the SEC Office, and other income derived from the operation of the SEC

billion baht transferred from the SET • Annual Contribution from the SET at a rate not less than nighty percent of the income after deducting expenses, taxes and reserves specified by the board of directors