persons under (1) and (2) or may allow such persons to act differently from the provisions under Division 4: Register and Transferability of Chapter 2: Issuance of Securities or Section 88, in whole or in

139 and Section 140 of Chapter 4 Securities Business of the Securities and Exchange Act B.E. 2535 shall be repealed and replaced with the following provisions: “DIVISION 8 PRIVATE FUND MANAGEMENT

16/7, and Section 16/8 in Chapter 1 The Securities and Exchange Commission of the Securities and Exchange Act B.E. 2535: “DIVISION 1/1 THE CAPITAL MARKET SUPERVISORY BOARD SECTION 16/1 The Capital

Minister, Section 140/1 of Chapter 4: Securities Business under the Securities and Exchange Act B.E. 2535: “Division 8/1 Securities Business Specified by the Minister ______________________ SECTION 140/1 A

upon publication in the Government Gazette. Chapter 1 Supervision of Trust for Transactions in Capital Market __________________ SECTION 8 The SEC shall have the power and duty to formulate policies to

duties under this Act. Such notifications shall come into force upon publication in the Government Gazette. Chapter 1 Supervision of Trust for Transactions in Capital Market __________________ SECTION 8

of duties under this Act shall be in accordance with the rules specified in the notification of the SEC. Chapter 2 Creation of Trust ______________ Division 1 Trust Instrument _____________ SECTION 11

. Ministerial regulations shall be enforceable upon their publication in the Government Gazette. Chapter 1 Establishment _______________________ Section 5.3 A fund shall come into existence only when it is

Gazette. Chapter 1 Establishment _______________________ Section 5. 3 A fund shall come into existence only when it is established by agreement of the employees and the employer and registered under this

Division 4: Register and Transferability of Chapter 2: Issuance of Securities or Section 88, in whole or in part. SECTION 33/2.5 In case of an offering for sale of newly issued securities in the category