the SEC. In cases where the settlor or the trustee, by virtue of beneficiary, receives interest more than the proportion specified in the first paragraph, the interest shall be allocated to another
more than the proportion specified in the notification of the SEC. In cases where the settlor or the trustee, by virtue of beneficiary, receives interest more than the proportion specified in the first
proportion specified in the first paragraph, the interest shall be allocated to another beneficiary or other beneficiaries. UNOFFICIAL 4 SECTION 14 A trust instrument without the following particulars and
not a securities business under this Act.” SECTION 4 The following provision in the first paragraph of Section 16/1 of the Securities and Exchange Act B.E. 2535, as amended by the Securities and
subcommittee to perform any matter as designated. The subcommittee under the first paragraph shall consist of a chairman and at least four other qualified members with the knowledge and expertise in relation to
. Guidelines for consideration of the interest in accordance with the first paragraph shall be specified by the SEC. SECTION 14. The SEC shall have the power and duty to formulate policies to promote and develop
shall be prohibited from participating in such consideration. Guidelines for consideration of the interest in accordance with the first paragraph shall be specified by the SEC. SECTION 14. The SEC shall
following persons shall be the applicant for the offering for sale of securities under Section 33: (1) The would-be settlor or the settlor only in case of an initial public offering of newly issued securities
provision in the first paragraph of Section 19 of the Securities and Exchange Act B.E. 2535 shall be repealed and replaced with the following provision: “SECTION 19. The Office has the power and duty to