perform any matters as assigned by the SEC; (7) to issue rules relating to the meetings and the performance of duties of the sub- committees; (8) to do any other acts to achieve the purposes of this Royal
perform any other acts to achieve the purposes of this Emergency Decree for the purpose of securitization. The SEC may delegate the powers and duties under the first paragraph to the Capital Market
termination of employment or old age, the fund manager or the liquidator shall proceed with the employee’s intention, providing that the registrar may prescribe the criteria and condition.” SECTION 10. The
management • In managing a mutual fund, the AMC must proceed with honestly and care to preserve the interests of all unitholders, using knowledge and competence as a professional. • The AMC must have a policy
proceed in accordance with Section 31/7; in this regard, the retiring board members shall remain in office until the successor assumes duties.” SECTION 6 The following provisions shall be added as (1/1) and
under this Act, it shall proceed in accordance with the first paragraph. Section 7. A fund which has been registered shall become a juristic person. 2 indicated amendment by the Provident Fund Act (No.2
regulations. If a provident fund which has been set up before the effective date of this Act is intended to be a fund under this Act, it shall proceed in accordance with the first paragraph. Section 7. A fund
this Royal Enactment; (6) to perform any other acts to achieve the purposes of this Royal Enactment for the purpose of securitization. The SEC may delegate the powers and duties under the first paragraph
within sixty days in order to proceed in accordance with Section 31/7; in this regard, the retiring board members shall remain in office until the successor assumes duties. The provisions of Section 12 and