its use. 2 SECTION 4. The following provision shall be added as Section 10/1 of the Provident Fund Act B.E. 2530: “SECTION 10/1. In cases of economic crisis, disaster or any other severe events widely
shall be made through the resolution of unitholders derived from the majority votes of the total investment units of the attending unitholders with the voting right, unless the Capital Market Supervisory
shall be entitled to proceed with the offering for sale of investment units to the public and to register the mutual fund in accordance with the law governing securities and exchange. At the time of the
may have one or multiple investment policies. Section 6. Upon agreement of the employees and the employer to establish the fund pursuant to Section 5, an application for registration shall be submitted
accordance with the rules prescribed in the fund’s articles. A fund may be established as a single fund or a pooled fund which may have one or multiple investment policies. Section 6. Upon agreement of the
protecting investors, promoting fairness, efficiency, transparency of the capital market, and reducing financial systemic risk, and also in convergence with the National Strategy and the National Economic and
right of a person to participate in an investment in any project or business; (2) specifying the right of a person to acquire specific goods, specific service, or any specific other right under an
: (1) specifying the right of a person to participate in an investment in any project or business; A36633673/0.7/02 Jul 2018 2 (2) specifying the right of a person to acquire specific goods, specific
capital market and mobilization of domestic savings. In addition, Thailand is currently facing the problem of economic slow-down which has resulted from sluggish conditions of various business sectors
facing the problem of economic slow-down which has resulted from sluggish conditions of various business sectors, coupled with a shortage of current capital, in particular, in the property sector. These