Prime Minister Remarks: The reasons for issuing this Emergency Decree are that securitization business is an important financial process which can be used to solve the problem of shortage of both 11 short
securitisation business is an important financial process which can be used to solve the problem of shortage of both short-term and long-term fund in numerous business sectors. Securitisation business will also
securitization business is an important financial process which can be used to solve the problem of shortage of both short-term and long-term fund in numerous business sectors. Securitization business will also
director shall have qualifications and shall not have prohibited characteristics as specified in the law on public limited companies, as well as shall not have characteristics indicating a lack of
Section 12 bis; (2) lack of qualifications of the fund manager; (3) termination of contract by the fund or the fund manager; or (4) dissolution of the fund under Section 25. Section 21.2 In cases where the
(Repealed) Section 19. 2 (Repealed) Section 20. 2 The fund manager shall cease to be so before expiry of contract upon: 7 (1) removal by the registrar under the second paragraph of Section 12 bis; (2) lack of
the term of office, the position of the Secretary-General shall be vacated upon: (1) death; (2) resignation; (3) [Section 22(3) was repealed by the Securities and Exchange Act (No.6) B.E. 2562] (4) lack
shall be vacated upon: (1) death; (2) resignation; (3) [Section 22(3) was repealed by the Securities and Exchange Act (No.6) B.E. 2562] (4) lack of qualifications or possession of prohibited
quasi-incompetent person; (3) having disreputable background or managing any business in a manner indicating a lack of professional accountability or due care as specified in the notification of the
quasi-incompetent person; (3)( having disreputable background or managing any business in a manner indicating a lack of professional accountability or due care as specified in the notification of the