repealed and replaced with the following provision: “Upon expiration of the term of office of board members, the SEC shall propose a list of experts to the Selection Committee within sixty days in order to
knowledge and understanding of the capital market; and to support education, research, training and development of the pool of knowledge or academic work useful for the capital market 5.3 Fund Committee (9
objectives; (4) the procedures for admission of members and termination of memberships; (5) the provisions regarding the number of the committee members, the procedures for election and appointment, the term
Registered”; (2) the location of the office; (3) the objectives; (4) the procedures for admission of members and termination of memberships; (5) the provisions regarding the number of the committee members
following texts shall be inserted as Section 14/1 and Section 14/2 of the Securities and Exchange Act B.E. 2535: “SECTION 14/1 The Audit Committee appointed by the SEC shall consist of not fewer than three
://www.sec.or.th/TH/Documents/ActandRoyalEnactment/Act/translate-secact.doc ACT-SEA1992-AMENDED.PDF Committee. SECTION 14/2.4 The Audit Committee shall have the following powers and duties: (1) re-examining and
business as licensed; (3) the issuance of rules relating to the duties of a sub-committee; (4) the issuance of rules, orders and regulations relating to personnel, personnel relations system, placement
duties of a sub-committee; (4) the issuance of rules, orders and regulations relating to personnel, personnel relations system, placement, appointment, dismissal and discipline for personnel and employees
of work involved in the performance of duties related to such inside information; (4) director, sub-committee member, representative of a juristic person, agent, worker, employee, advisor or operator
liable to imprisonment for a term of six months to three years and a fine of sixty thousand baht to three hundred thousand baht. Section 43. A fine fixing committee appointed by the Minister shall have the