Definitions of the Terms Used in the Notifications concerning Issuance and Offer for Sale of Securities ; “ director ” means a director of a listed company; “ executive ” means the manager, the next four

Manager dated 30 August 2006 shall be repealed. Clause 2. In this Notification: “Executive Director” means any person who is appointed by the board of directors as an executive director or authorised with

director, manager or person with power of management; (3) “Person with power of management” means executive director, deputy manager, assistant manager, department director, branch manager and shall also

for management of investments in derivatives; “Office” means The Office of the Securities and Exchange Commission. Clause 2. To ensure that each derivatives fund manager shall conduct its business as a

the register of persons qualified to be property fund manager through the qualification of being Director or Executive, but not the position of Manager, of the management company prior to the effective

Securities Institute and other training institutes accepted by the Office; “Executive” means any director, manager and executive director including deputy manager, assistant manager, department director and

relating to capital markets according to Clause 8; (3) a person to be appointed shall not be a director, executive, or employee of another company and shall not be a derivatives investment manager for any

qualification under (3) or (5), the securities company may be granted an approval from the Office only when the securities company cause the relevant executive or personnel who rendered the company into such

under (3) or (5), the derivatives broker may be granted an approval from the Office only when the derivatives broker cause the relevant executive or personnel who rendered the company into such

company” means any company licensed to undertake securities business; (2) “Executive” means director, manager or person with power of management; (3) “Person with power of management” means executive