of the SEC. SECTION 9. The Chairman and each commission member appointed in accordance with Section 8 shall be Thai nationals and shall not have the following prohibited characteristics: (1) being an
derivatives business operator is an individual, such individual shall not have any of the following prohibited characteristics: (1) being a person under receivership or a bankrupt; (2) being an incompetent or
derivatives business operator is an individual, such individual shall not have any of the following prohibited characteristics: (1) being a person under receivership or a bankrupt; (2) being an incompetent or
trust business or whose approval to undertake trust business revoked or prohibited to engage in a trust instrument. SECTION 17 No provision in a trust instrument shall contravene this Act. Any provisions
undertake trust business under this Act, or a trustee temporarily suspended from undertaking of trust business or whose approval to undertake trust business revoked or prohibited to engage in a trust
, or a trustee temporarily suspended from undertaking of trust business or whose approval to undertake trust business revoked or prohibited to engage in a trust instrument. SECTION 17 No provision in a
following prohibited characteristics: (1) being an incompetent or quasi-incompetent person; (2) being or having been a bankrupt; (3) having been imprisoned by the judgment of a court which is final
in accordance with Section 8 shall be Thai nationals and shall not have the following prohibited characteristics: (1) being an incompetent or quasi-incompetent person; (2) being or having been a
modify or change the conditions already specified under the first paragraph. Section 28. No digital asset business operator shall appoint or allow any other person who possesses any of the prohibited
prohibited characteristics as specified in the notification of the SEC to act as or to perform the duty of a director or executive of the digital asset business operator. The SEC shall specify the positions of