national economy. At present, there are six legislations administered by the SEC, namely: the Securities and Exchange Act of 1992 ; the Derivatives Act of 2003 ; the Trust for Transactions in Capital Market
less than 10 million baht The number of independent directors at a minimum of one-third of the board of directors A minimum number of two Thai national directors (one of the two must be an
relations The type and amount of transaction Whether it is a market price or a fair price Whether the conditions are in accordance with ordinary business Necessity and reasonableness / opinion of the Audit
directors, a least two Thai-national directors (one in these two directors must be an independent director) Trustee's duties A trustee shall have a trustee license and is independent from a trust manager
ordinary persons up to 10 years from the fund's registration date (currently, a 10% dividend tax is compulsory and can be paid in the form of withholding tax); exemption on value-added tax (VAT)/Specific
ordinary persons up to 10 years from the fund's registration date (currently, a 10% dividend tax is compulsory and can be paid in the form of withholding tax); exemption on value-added tax (VAT)/Specific
qualifications are required such as a paid-up capital of not less than ten million baht, having at least one-third of independent directors, a least two Thai-national directors (one in these two directors must be