commence against the offender. SECTION 317/7 In cases where the Civil Sanction Committee deems it is appropriate to impose a civil sanction on the offender and has specified the approach for enforcing the

institutions under the law governing anti-money laundering. Section 8. In the case where the price of digital assets is to be calculated in Thai currency, such calculation shall be made in accordance with the

Thai currency, such calculation shall be made in accordance with the rules and procedures as specified in the notification of the SEC. Section 9. In the case where an offeror of digital token or a

(Translation) PAGE 112 (Translation) Securities and Exchange Act B.E. 2535 (As Amended) _________________ BHUMIBOL ADULYADEJ, REX., Given on the 12th day of March B.E. 2535; Being the 47th Year of the Present Reign. His Majesty King Bhumibol Adulyadej is graciously pleased to proclaim that: Whereas it is expedient to enact a law on the securities and exchange; Be it, therefore, enacted by His Majesty the King, by and with the advice and consent of the National Legislative Assembly functioning as...

(Translation) Securities and Exchange Act B.E. 2535 (As Amended) _________________ BHUMIBOL ADULYADEJ, REX., Given on the 12th day of March B.E. 2535; Being the 47th Year of the Present Reign. His Majesty King Bhumibol Adulyadej is graciously pleased to proclaim that: Whereas it is expedient to enact a law on the securities and exchange; Be it, therefore, enacted by His Majesty the King, by and with the advice and consent of the National Legislative Assembly functioning as both Houses of Parliam...