for a private fund manager who fails to comply with the provisions of the second paragraph or the third paragraph. 3 SECTION 135. In the management of a private fund, the securities company shall
fails to perform the duties specified by the trust instrument or this Act, the beneficiary may remove the trustee in accordance with the procedures and conditions as specified in the notification of the
damages to the beneficiary; (2) when there is evidence that the trustee fails to perform the duties specified by the trust instrument or this Act, the beneficiary may remove the trustee in accordance with
----------------------------------------------- SECTION 19 The following provisions shall be added as Section 268/1 and Section 268/2 of the Securities and Exchange Act B.E. 2535: “SECTION 268/1 Any person under Section 33/1 who fails to comply with the
damages to the beneficiary; (2) when there is evidence that the trustee fails to perform the duties specified by the trust instrument or this Act, the beneficiary may remove the trustee in accordance with
concerned. The identity card of the competent official shall be in the form as prescribed by the registrar. Chapter 5 Penalties _______________________ Section 32. Any fund which fails to use a name in the
shall be in the form as prescribed by the registrar. Chapter 5 Penalties _______________________ Section 32. Any fund which fails to use a name in the Thai language preceded by the words, “Provident Fund
who fails to comply with the order of the registrar under Section 12bis, or fails to comply with Section 16, Section 17, Section 23, Section 23/1, Section 23/2 or Section 23/4 shall be subject to a fine
the notification within the period specified by the SEC Office. After the lapse of such period, if such person fails to comply therewith, the SEC Office shall have the power to revoke its approval. For
the notification within the period specified by the SEC Office. After the lapse of such period, if such person fails to comply therewith, the SEC Office shall have the power to revoke its approval. For