advice and consent of the National Assembly, as follows: SECTION 1. This Act shall be called “the Provident Fund Act (No. 3) B.E. 2550”. SECTION 2. This Act shall come into force on and from the thirtieth
position.” *Readers should be aware that only the original Thai text has legal force. The English translation is strictly for reference and shall not in any event be construed or interpreted as having effect
under Section 10 presents false information or conceals facts which should have been stated shall be subject to a fine 3not exceeding five hundred thousand baht. Section 34. Any special purpose juristic
. Chapter 5 Penal Provisions Section 33. Any person in proposing a project under Section 10 presents false information or conceals facts which should have been stated shall be subject to a fine [footnoteRef:8
any transaction which provides financial benefits for such person, the director, the executive or the person under (1) or (2) will also gain financial benefits, the said person shall be deemed as the
information or conceals facts which should have been stated shall be subject to a fine not exceeding five hundred thousand baht. Section 34. Any special purpose juristic person which contravenes Section 13
membership. In case of termination of membership because of death, if the employee did not, by a will or in writing delivered to the fund manager, designate a person who shall receive the payment out of the
membership because of death, if the employee did not, by a will or in writing delivered to the fund manager, designate a person who shall receive the payment out of the fund, or has designated the person but
juristic person under this Royal Enactment. * Reader should be aware that only the original Thai text has legal force. The English translation is strictly for reference and shall not in any event be
appointed under the Bankruptcy Act. SECTION 38. After the derivatives business operator has taken steps under Section 37, should there remains any customer asset, the derivatives business operator shall