no previous investment policy, the investment policy specified in the fund’s article shall apply. In cases where the fund’s articles do not specify such investment policy, the investment policy
policy, the investment policy specified in the fund’s article shall apply. In cases where the fund’s articles do not specify such investment policy, the investment policy associates with minimal risks
, designate a person who shall receive the payment out of the fund, or has designated the person but such person died before the payment is made, the payment shall be made out of the fund under the first
the power to specify in its https://www.sec.or.th/TH/Documents/ActandRoyalEnactment/Act/translate-deri.doc DRAFT order to protect customers, maintain stability of the financial system or control the
articles do not specify such investment policy, the investment policy associates with minimal risks shall apply.” SECTION 6. The following provision shall be added as the second paragraph of Section 17(1) of
have the power to specify in details the trustee’s duty. A trust instrument shall contain no clauses exempting the trustee from liability arising from failure to perform the duty under the first
performance of the trustee’s duty under the first paragraph, the SEC shall have the power to specify in details the trustee’s duty. A trust instrument shall contain no clauses exempting the trustee from
juristic persons or groups of persons involved with the capital market. The SEC shall specify the notification of the rules and procedures for the selection and appointment of directors of the Securities
furtherance of the performance of the trustee’s duty under the first paragraph, the SEC shall have the power to specify in details the trustee’s duty. A trust instrument shall contain no clauses exempting the
, the Fund Committee may consider granting a financial support to the SET and may also specify a condition as deemed appropriate. 5.7 Accountability • In every fiscal year, the CMDF will prepare and