provisions under Division 2: Supervision and Control of Chapter 4: Securities Business of the SEA, in whole or in part. 1.3 Paid-up registered capital of securities company The SEC has discretionary power to

following Acts shall be repealed: (1) The Securities Exchange of Thailand Act B.E. 2517; (2) The Securities Exchange of Thailand Act (No. 2) B.E. 2527. SECTION 4. In this Act "securities" means Published in

repealed: (1) The Securities Exchange of Thailand Act B.E. 2517; (2) The Securities Exchange of Thailand Act (No. 2) B.E. 2527. SECTION 4. In this Act "securities" means Published in the Government Gazette

. the King, by virtue of Section 175 of the Constitution of the Kingdom of Thailand amended by the Constitution of the Kingdom of Thailand Amendment (No.5) B.E. 2538 (1995), is therefore graciously

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

Kingdom of Thailand so permit by virtue of law; Be it, therefore, enacted by the Majesty the King, by and with the advice and consent of the National Legislative Assembly, as follows: SECTION 1. This Act

expedient to enact a law on special purpose juristic persons for securitization; H.M. the King, by virtue of Section 175 of the Constitution of the Kingdom of Thailand amended by the Constitution of the

to announce that: Whereas it is expedient to enact a law on special purpose juristic persons for securitization; H.M. the King, by virtue of Section 175 of the Constitution of the Kingdom of Thailand

of the Kingdom of Thailand so permit by virtue of law; The justification and necessity for the restriction of rights and liberties of a person under this Act is to ensure that the supervision of the

of rights and liberties of persons, which Section 29, in conjunction with Section 35, Section 36, Section 39, Section 48, and Section 50 of the Constitution of the Kingdom of Thailand so permit by