Special Purpose Juristic Person Section 9. Securization under this Royal Enactment shall be processed by a special purpose juristic person established in the form of a limited company, a public limited
of whatever name excluding bills, divided into units, each with equal value and a predetermined rate of return, issued by any company to a lender or purchaser, representing the right of the holder of
bills, divided into units, each with equal value and a predetermined rate of return, issued by any company to a lender or purchaser, representing the right of the holder of such instrument to receive
public limited company, any other type of juristic person as may be prescribed by the SEC or a trust to be established under the first paragraph shall have the objective solely for securitization. The
Decree shall be processed by a special purpose juristic person established in the form of a limited company, a public limited company, any other type of juristic person as may be prescribed by the SEC or
selection process in accordance with Section 31/7; in this regard, at least two of such experts shall have experience in managing a company whose securities are listed on the Securities Exchange or a
payments under Section 23/2 or to transfer the amount of benefits maintained in the fund under Section 23/3 to the retirement mutual funds or any other fund with the objective to serve as a security for
the original Thai language version as accurately as possible. Achievement of this objective is generally incompatible with the literal translation of every word and phrase of the original Thai version
THE ORIGINAL THAI LANGUAGE VERSION AS ACCURATELY AS POSSIBLE. ACHIEVEMENT OF THIS OBJECTIVE IS GENERALLY INCOMPATIBLE WITH THE LITERAL TRANSLATION OF EVERY WORD AND PHRASE OF THE ORIGINAL THAI VERSION
. SECTION 3. The definition “company” in Section 4 of the Securities and Exchange Act B.E. 2535 shall be amended and replaced by the following texts: ““company” means any limited company or public limited