Prime Minister Remarks: The reasons for issuing this Emergency Decree are that securitization business is an important financial process which can be used to solve the problem of shortage of both 11 short
securitization business is an important financial process which can be used to solve the problem of shortage of both short-term and long-term fund in numerous business sectors. Securitization business will also
securitisation business is an important financial process which can be used to solve the problem of shortage of both short-term and long-term fund in numerous business sectors. Securitisation business will also
allow extension thereof as seen fit. Section 27.2 The registrar shall, with the approval of the Minister, have the power to order a dissolution of the fund in any of the following events: (1) the
days, and shall complete the liquidation within one hundred and fifty days from the date of dissolution, except in case of necessity where the registrar may allow extension thereof as seen fit. Section