following prohibited characteristics: (1) being an incompetent or quasi-incompetent person; (2) being or having been a bankrupt; (3) having been imprisoned by the judgment of a court which is final
in accordance with Section 8 shall be Thai nationals and shall not have the following prohibited characteristics: (1) being an incompetent or quasi-incompetent person; (2) being or having been a
of English version shall not in any event be construed or interpreted as having effect in substitution for or supplementary to the Thai version thereof. Please note that the translation has not been
translation is strictly for reference and shall not in any event be construed or interpreted as having effect in substitution for or supplementary to the Thai version. The SEC Office cannot undertake any
“ controlling ” means (1) holding of shares with voting right in a juristic person, which represent more than fifty percent of the total voting rights in such juristic person; (2) having control, whether directly
voting rights in such juristic person; (2) having control, whether directly or indirectly or by any other reasons, of the majority voting rights at the shareholders’ meeting of any juristic person; (3
Securitization; (3) juristic person having the qualifications specified in the notification of the SEC. SECTION 13 A trust instrument shall not allow a settlor or a trustee to be a beneficiary unless there is
Enactment on Special Purpose Juristic Persons for Securitization; (3) juristic person having the qualifications specified in the notification of the SEC. SECTION 13 A trust instrument shall not allow a
) originator under the Royal Enactment on Special Purpose Juristic Persons for Securitization; (3) juristic person having the qualifications specified in the notification of the SEC. SECTION 13 A trust
, securities index or any other variables as specified in the notification of the SEC with the approval of the Cabinet. “derivatives” means a contract having one or any combination of the following