: “SECTION 15. The SEC shall have the power to appoint a sub-committee to perform any matter as assigned by the SEC. 5 The provisions of Section 12 shall apply to the meeting of the sub-committee mutatis
Chairman, a Deputy Secretary-General assigned by the Secretary-General, the Director-General of the Fiscal Policy Office and not exceeding four experts appointed as board member by the Minister through
shall form a quorum. If the Chairman of the SEC is not present at the meeting or cannot perform his duty, and if there is a Vice-Chairman, the Vice-Chairman present at the meeting shall be the Chairman of
position. SECTION 12. At least half of the commissioners of the SEC shall form a quorum. If the Chairman of the SEC is not present at the meeting or cannot perform his duty, and if there is a Vice-Chairman
, the Fund Committee may consider granting a financial support to the SET and may also specify a condition as deemed appropriate. 5.7 Accountability • In every fiscal year, the CMDF will prepare and
provisions regarding the general meeting or member meetings classified by investment policies or employers in cases where the fund is established with multiple investment policies or as a pooled fund, as the
the designated matters. SECTION 12. At least half of the subcommittee members shall form a quorum. In the subcommittee’s meeting, if the chairman is not present at the meeting or is unable to perform
the fund’s operation; (10)3 the provisions regarding the general meeting or member meetings classified by investment policies or employers in cases where the fund is established with multiple investment
rights; (9) the provisions regarding the expenses for the fund’s operation; (10)3 the provisions regarding the general meeting or member meetings classified by investment policies or employers in cases