cases where the failure of the new trustee to perform the duties under the first paragraph causes damage, the new trustee shall compensate the trust property or the third person for such damage, as the
the seller to compensate the purchaser in the case where the delivered goods do not meet the standards stipulated under the contract shall not be treated as permitting the party having the obligation to
securities shall be used to satisfy the obligations under the first paragraph and reimburse the expenses necessarily incurred incidental to such sale. The remaining proceeds, if any, shall be credited into the
. subordinated liabilities being unsecured which have the remaining maturity period of more than one year as from the calculating date, and have not determined the condition to repay before the maturity date
liabilities; 1. subordinated liabilities being unsecured which has the remaining the maturity period more than 1 year as from the calculating date, and has not determined the condition to repay before the
system to monitor any benefit on the loaned securities given by the issuer of the securities so as to compensate the lender for such benefit; (3) provide for a fair and transparent allocation procedure
(Translation) PAGE 112 (Translation) Securities and Exchange Act B.E. 2535 (As Amended) _________________ BHUMIBOL ADULYADEJ, REX., Given on the 12th day of March B.E. 2535; Being the 47th Year of the Present Reign. His Majesty King Bhumibol Adulyadej is graciously pleased to proclaim that: Whereas it is expedient to enact a law on the securities and exchange; Be it, therefore, enacted by His Majesty the King, by and with the advice and consent of the National Legislative Assembly functioning as...
cover at least the following matters: (1) having a system capable of supporting trading volumes adequately and checking the ability of the service user’s to repay obligations under derivatives and deliver
ten business days from the date of receipt of the notice; (2) issue notices to the debtors whose names appear in the accounts and related documents of the mutual fund, instructing them to repay the
violation or failure to perform cause the damage to the fund, management company shall reimburse such damages without any delay. Chapter 2 Transitory provision Clause 25. In the case where the mutual fund has