Prime Minister Remarks: The reasons for issuing this Emergency Decree are that securitization business is an important financial process which can be used to solve the problem of shortage of both 11 short
(Translation) EMERGENCY DECREE ON SPECIAL PURPOSE JURISTIC PERSONS FOR SECURITIZATION B.E. 2540 (1997) 2 (As amended)[footnoteRef:1] [1: Published in the Government Gazette, Volume 114, Part 29 Gor
with the following provision: “"mutual fund management" means the management of investments under a mutual fund project by issuing investment units of each project for sale to the public and bringing
freshfield 1 ROYAL ENACTMENT ON SPECIAL PURPOSE JURISTIC PERSONS FOR SECURITISATION B.E. 2540 (1997) Bhumibhol Adulyadej, Rex., Given on this 27th day of June B.E. 2540 Being the 52nd Year of the
of whatever name excluding bills, divided into units, each with equal value and a predetermined rate of return, issued by any company to a lender or purchaser, representing the right of the holder of
instruments as specified by the SEC. "bill" means any bill issued for raising funds from the public as specified in the notification of the SEC. "debenture" means any debt instrument of whatever name excluding
receiving a transfer of securities between each other. SECTION 244/7 No person shall place, modify or cancel a securities trading order through the securities trading system of the Stock Exchange or the over
remuneration by any methods, and called by any name, but excluding the overtime payment, the payment for work on holidays, and money or other benefits withheld or additionally paid by the employer to the
remuneration by any methods, and called by any name, but excluding the overtime payment, the payment for work on holidays, and money or other benefits withheld or additionally paid by the employer to the
during which the contravention continues. SECTION 78 Any person, without obtaining approval for operating trust business, using name, describing or advertising itself as a trustee or any other word of the