purpose juristic person in the form of a mutual fund, a securities company which will be the mutual fund manager must also be proposed. Section 11. After the Office of the SEC has approved a project: (1) if
position in a political party unless having vacated such position not less than one year; (5) being an officer or an employee of the SEC Office; (6) being a manager or a person with power of management of
of the SEC Office; (6) being a manager or a person with power of management of the operation of securities business, the Securities Exchange, over-the-counter center, organization related to securities
specified by the Fund Committee. SECTION 218/18 The Fund Manager shall be the supervisor of the staffs and employees of the Fund and responsible for the management of the Fund in accordance with the
the benefit of its own or others’, except where it is the trustee’s claim for its remuneration or where the trustee is able to show that the trust is managed with fairness under which all related
able to show that the trust is managed with fairness under which all related information has been sufficiently disclosed to beneficiaries who thereafter hold no objection to the act. The disclosure and
interest with the trust regardless of whether such act is done for the benefit of its own or others’, except where it is the trustee’s claim for its remuneration or where the trustee is able to show that the
the overall operation of the fund and shall have the power to appoint a fund manager and shall be the representative of the fund in the businesses involving third parties. For such purpose, the fund
operation of the fund and shall have the power to appoint a fund manager and shall be the representative of the fund in the businesses involving third parties. For such purpose, the fund committee may
manager shall make use of the employee’s savings and the employer’s contribution in accordance with the investment policy assigned by the employee. In cases where no investment policy has been assigned by