”) as required by international standards • The operation of the SET will be consistent with regulatory objectives and prescribed rules • For transparent and constant operation of the SET while interests
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reasonable price and not be deemed as transfer with less than reasonable consideration or that prejudice the creditors: (1) book value in accordance with the accounting standards; 6 (2) value determined by the
Supervisory Board must be complied with. SECTION 7. The Minister of Finance shall be in charge of the enforcement of this Act and shall have the power to issue ministerial regulations and appoint competent
Supervisory Board must be complied with. SECTION 7. The Minister of Finance shall be in charge of the enforcement of this Act and shall have the power to issue ministerial regulations and appoint competent
value in accordance with the accounting standards; (2) value determined by the financial advisor as reasonable price for transfer of assets that has taken into account credit enhancement for
consideration or that prejudice the creditors: (1) book value in accordance with the accounting standards; (2) value determined by the financial advisor as reasonable price for transfer of assets that has taken
under this Act. SECTION 7. All regulations, rules, notifications, directives or stipulations issued under this Act by the SEC, the Capital Market Supervisory Board or the SEC Office which are of general
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