(Oldest) DRAFT director of the derivatives exchange shall be vacated from his office upon: (1) possession of any prohibited characteristics under Section 61; (2) removal by the SEC due to gross incompetent
of qualifications or possession of prohibited characteristics under Section 21; (5) 4 termination by the Cabinet’s resolution upon recommendation of the SEC, as advised by the SEC, due to gross
characteristics under Section 21; (5)4 termination by the Cabinet’s resolution upon recommendation of the SEC, as advised by the SEC, due to gross incompetence in the performance of duty or due to underperformance
following texts: “(5) termination by Cabinet resolution upon the recommendation of the SEC, as advised by the SEC, due to gross incompetence in the performance of duty or due to underperformance, provided
more than five percents of the total number of shares of a derivatives exchange, such derivatives exchange shall neither pay dividend or any other benefits to such person with respect to the portion of
more than five percents of the total number of shares of a derivatives exchange, such derivatives exchange shall neither pay dividend or any other benefits to such person with respect to the portion of
any prohibited characteristics under Section 61; (2) removal by the SEC due to gross incompetent in the https://www.sec.or.th/EN/Documents/ActandRoyalEnactment/Act/act-derivatives2003-amended.pdf DRAFT
his office upon: (1) possession of any prohibited characteristics under Section 61; (2) removal by the SEC due to gross incompetent in the https://www.sec.or.th/TH/Documents/ActandRoyalEnactment/Act
) removal by the SEC due to gross incompetent in the https://www.sec.or.th/TH/Documents/ActandRoyalEnactment/Act/translate-deri.doc DRAFT director of the derivatives exchange shall be vacated from his office
paragraph with intention, dishonesty or gross negligence. SECTION 31 In managing a trust, a trustee shall be prohibited to act in conflict of interest with the trust regardless of whether such act is done for