. SECTION 89/8 In performing duty with responsibility and due care, a director and an executive shall act in the similar manner as an ordinary person undertaking the like business under the similar
has authorized the management of investment to acquire benefit from securities, whether or not investment in other assets is also made, which management is conducted as an ordinary course of business
is conducted as an ordinary course of business, in consideration of a fee or other remuneration, excluding the management of investment as specified in the notification of the SEC. 3 indicated
. “derivatives broker” means any person who, in the ordinary course of business, engages or holds himself out to the general public as being ready to engage as an agent in the business of trading in derivatives
management is conducted as an ordinary course of business, in consideration of a fee or other remuneration, excluding the management of investment as specified in the notification of the SEC. SECTION 4. The
purpose, the Fund Manager may assign a person to handle a specific act on the Fund Manager’s behalf, but in any case, it shall be in accordance with the regulations specified by the Fund Committee. SECTION
the Bank of Thailand, and the Secretary-General as members. The Secretary-General shall appoint an officer of the SEC Office as Secretary. The members under the first paragraph may assign a subordinate
prescribe other additional characteristics. Section 21 If the securities offered for sale by the special purpose juristic person are debt instruments which are not debt instruments subordinated to ordinary