notification prescribing different courses of action from those prescribed in the law governing securities and exchange. Section 12. The special purpose juristic person shall carry out various activities as
undertake in a different manner from https://www.sec.or.th/EN/Documents/ActandRoyalEnactment/LawReform/SEA-summary.pdf Microsoft Word - SEA-ÃÒ©ºÑº 6-3-51.doc control system; (2) reviewing the financial
Increasing flexibility of supervision and control of securities business The SEC may exempt a securities company from undertaking or prescribe a securities company to undertake in a different manner from
; (3) the benefit arising from commingled property belongs to the trust. The commingled property under the first paragraph shall include the property that is transformed into a different form or state
include the property that is transformed into a different form or state. SECTION 36 In cases where a trustee fails to perform duty under Section 34 which causes the trust property of two or more trusts to
first paragraph shall include the property that is transformed into a different form or state. SECTION 36 In cases where a trustee fails to perform duty under Section 34 which causes the trust property of
. Furthermore, the current sluggish economic conditions might have far-reaching effects on the economy which could in the long run undermine the economic stability of the country. And since the preservation of
country. It is therefore expedient to enact the law on special purpose juristic persons for securitization. Furthermore, the current sluggish economic conditions might have far-reaching effects on the
in a different manner from the provisions under this Division.” SECTION 9 The following provision shall be added as the third paragraph of Section 56 of the Securities and Exchange Act B.E. 2535, as
investor protection, the SEC may prescribe that the license holder who undertakes business in a specified manner be exempted from undertaking or undertake in a different manner from the provisions under