this Royal Enactment; (6) to perform any other acts to achieve the purposes of this Royal Enactment for the purpose of securitization. The SEC may delegate the powers and duties under the first paragraph
the fund’s operation; (10)3 the provisions regarding the general meeting or member meetings classified by investment policies or employers in cases where the fund is established with multiple investment
rights; (9) the provisions regarding the expenses for the fund’s operation; (10)3 the provisions regarding the general meeting or member meetings classified by investment policies or employers in cases
perform any other acts to achieve the purposes of this Emergency Decree for the purpose of securitization. The SEC may delegate the powers and duties under the first paragraph to the Capital Market
: “SECTION 15. The SEC shall have the power to appoint a sub-committee to perform any matter as assigned by the SEC. 5 The provisions of Section 12 shall apply to the meeting of the sub-committee mutatis
delegate its duty to other persons except where: (1) the trust instrument provides otherwise; (2) it is a transaction that is not personal in nature and needs no capability of trustee’s profession; (3) it is
37 Management of trust is a trustee’s personal duty. A trustee shall not delegate its duty to other persons except where: (1) the trust instrument provides otherwise; (2) it is a transaction that is
commingle. SECTION 37 Management of trust is a trustee’s personal duty. A trustee shall not delegate its duty to other persons except where: (1) the trust instrument provides otherwise; (2) it is a
shall form a quorum. If the Chairman of the SEC is not present at the meeting or cannot perform his duty, and if there is a Vice-Chairman, the Vice-Chairman present at the meeting shall be the Chairman of