development of innovations and financial technologies, as well as to promote the competitiveness and growth of the Thai capital market. In this regard, the enactment of this Act complies with the conditions
persons) • Chairman of the SET as Chairman • Deputy Secretary-General of the SEC as Vice Chairman • Representatives from the Ministry of Finance, the Bank of Thailand and the Office of Insurance Commission
notification the rules relating to the power and duty of the trustee, the maintenance of the financial condition of the trustee, indemnity insurance for liability of the trustee and the submission of report or
insurance for liability of the trustee and the submission of report or any documents to the SEC Office. SECTION 59 A trustee shall prepare financial statements of a trust segregating the property held in
and duty of the trustee, the maintenance of the financial condition of the trustee, indemnity insurance for liability of the trustee and the submission of report or any documents to the SEC Office
investor” means any investor which is a financial institution under the Commercial Banking Act, securities company, non-life insurance company, life insurance company, statutory company, mutual fund, private
investor” means any investor which is a financial institution under the Commercial Banking Act, securities company, non-life insurance company, life insurance company, statutory company, mutual fund, private
and Social Development Council, Governor of the Bank of Thailand, Secretary-General of the Office of Insurance Commission, Secretary-General of the SEC Office or commissioners in the SEC; in this regard
the Office of Insurance Commission, Secretary-General of the SEC Office or commissioners in the SEC; in this regard, there shall not be more than one person from each position. The person having been in