comes into force in B.E. 2559 (2016) and the sixth amendment of the Securities and Exchange Act which comes into force in B.E. 2562 (2019), the English translation has been revised by the staff of the SEC
Minister shall be Thai national and shall not possess any prohibited characteristics in accordance with Section 9 and shall not be director, manager, person with power of management, officer, employee
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
Trust for Transactions in Capital Market Act B.E. 2550 was prepared by staff members of the SEC Office. Readers should be aware that only the original Thai text has legal force and that English
their publication in the Government Gazette. SECTION 7 The Minister of Finance shall be in charge of this Act and shall have the power to issue notifications and appoint competent officials to perform
power to prescribe in its notifications details for compliance of the trustee in the said matter. SECTION 39 In cases where several trustees are appointed, the trustees shall jointly manage the trust
capital market and the execution of transactions related to the capital market are efficient, transparent and protect investors’ interest, and to accommodate changes in the capital market and the
the terms and conditions of derivatives contract approved under Section 67 are not in accordance with current economic circumstances, the SEC Office shall have the power to revoke the approval granted
subsequently found that the terms and conditions of derivatives contract approved under Section 67 are not in accordance with current economic circumstances, the SEC Office shall have the power to revoke the
dissolution and liquidation which are within the power and duty of the general meeting shall be within the power and duty of the SEC Office. Chapter 4 Competent Officer Section 30. In the execution of his