. Furthermore, the current sluggish economic conditions might have far-reaching effects on the economy which could in the long run undermine the economic stability of the country. And since the preservation of

country. It is therefore expedient to enact the law on special purpose juristic persons for securitization. Furthermore, the current sluggish economic conditions might have far-reaching effects on the

country. It is therefore expedient to enact the law on special purpose juristic persons for securitisation. Furthermore, the current sluggish economic conditions might have far-reaching effects on the

) resignation; (3) reaching the age of seventy years; (4) having the prohibited characteristics as provided in Section 9; (5) termination by the Cabinet resolution upon the recommendation of the Minister in cases

(1/2) of Section 21 of the Securities and Exchange Act B.E. 2535: “(1/1) not reaching the age of sixty years on the appointment date; (1/2) having knowledge, capabilities and expertise on capital

Section 8 shall be vacated upon: (1) death; (2) resignation; (3) reaching the age of seventy years; (4) having the prohibited characteristics as provided in Section 9; (5) termination by the Cabinet’s

office of the Chairman and a commissioner appointed in accordance with Section 8 shall be vacated upon: (1) death; (2) resignation; 6 (3) reaching the age of seventy years; (4) having the prohibited