BUSINESS SECTION 16. A derivatives business operator shall be a limited company or a public limited company, except for a derivatives advisor which may be an individual, and shall be allowed to undertake a
BUSINESS SECTION 16. A derivatives business operator shall be a limited company or a public limited company, except for a derivatives advisor which may be an individual, and shall be allowed to undertake a
Special Purpose Juristic Person Section 9. Securization under this Royal Enactment shall be processed by a special purpose juristic person established in the form of a limited company, a public limited
accounting standard as specified by the law relating to the accounting profession. The financial statements under the first paragraph must be audited and given opinion by an auditor approved by the SEC Office
trust from that held in its own capacity, with consideration to the accounting standard as specified by the law relating to the accounting profession. The financial statements under the first paragraph
. SECTION 59 A trustee shall prepare financial statements of a trust segregating the property held in trust from that held in its own capacity, with consideration to the accounting standard as specified by
juristic person established in the form of a limited company, a public limited company, any other type of juristic person as may be prescribed by the SEC or the establishment of trust. A limited company, a
Decree shall be processed by a special purpose juristic person established in the form of a limited company, a public limited company, any other type of juristic person as may be prescribed by the SEC or
of the Office of the SEC. Chapter 2 Special Purpose Juristic Person Section 9. A special purpose juristic person may be established in the form of a limited company, a public limited company, a mutual
.doc from directorship as specified by the law on public limited companies, a director shall be removed from his directorship upon possession of any characteristic indicating a lack of appropriateness in