company (“AMC”) to easier receive unitholders’ resolution in revision or modification of mutual fund project or management procedure Amendments Details 2.1 Imposing fiduciary duty of AMC in mutual fund
B.E. 2540 B.E. 2558 Amended by the Act Amending the Special Purpose Juristic Persons for Securitization Act B.E. 2540 B.E. 2558 4 Section 10. In the process of securitization, an originator or a person
except where this Emergency Decree prescribes otherwise. In this regard, trustee shall have similar duties and responsibilities as a special purpose juristic person. Section 10. In the process of
announce the dissolution in the Government Gazette, and shall post the announcement at the fund’s office or the registrar’s office. Section 29. The provisions of the Civil and Commercial Code on the
Gazette, and shall post the announcement at the fund’s office or the registrar’s office. Section 29. The provisions of the Civil and Commercial Code on the liquidation of registered partnerships, limited
registration of the mutual fund, the Office of the SEC shall simultaneously register it as a special purpose juristic person. In the process of securitisation, the SEC shall have the power to issue any
legal action which shall not exceed one hundred and eighty days; (5) order a trustee or any person who is authorized to collect or process the data of a trustee including its director, officer, employee
authorized to collect or process the data of a trustee including its director, officer, employee and auditor to testify, deliver, or present accounts, documents, seals or other evidence related to the trust
selection process in accordance with Section 31/7; in this regard, at least two of such experts shall have experience in managing a company whose securities are listed on the Securities Exchange or a