billion baht transferred from the SET • Annual Contribution from the SET at a rate not less than nighty percent of the income after deducting expenses, taxes and reserves specified by the board of directors

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the SEC Office, and other income derived from the operation of the SEC and the SEC Office shall be the property of the SEC Office. After deducting the expenses and reserves under Section 26, the

the SEC with the approval of the Minister. 12 SECTION 27. All fees specified in the ministerial regulations, other fees received by the SEC Office, and other income derived from the operation of the SEC