(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...
person shall not engage in any activities other than those specified in the approved project unless a relaxation is granted by the SEC. Section 14. If the operations of the special purpose juristic person
. “derivatives broker” means any person who, in the ordinary course of business, engages or holds himself out to the general public as being ready to engage as an agent in the business of trading in derivatives
. “derivatives broker” means any person who, in the ordinary course of business, engages or holds himself out to the general public as being ready to engage as an agent in the business of trading in derivatives
securitization. Section 13. In the process of securitization, the special purpose juristic person shall not engage in any activities other than those specified in the approved project unless a relaxation is
the SEC for the purpose of securitization. Section 13. In the process of securitization, the special purpose juristic person shall not engage in any activities other than those specified in the approved
obligations as specified in the project; (5) to invest or seek benefits from the transferred assets in accordance with the approval of the SEC. Section 13. The special purpose juristic person shall not engage
to be inconsistent with the normal market condition under Section 244/3 (2), as the case may be: (1) purchasing or selling securities in such a way that does not involve a change of beneficial
trust business or whose approval to undertake trust business revoked or prohibited to engage in a trust instrument. SECTION 17 No provision in a trust instrument shall contravene this Act. Any provisions