the SEC Office, and other income derived from the operation of the SEC and the SEC Office shall be the property of the SEC Office. After deducting the expenses and reserves under Section 26, the

the SEC with the approval of the Minister. 12 SECTION 27. All fees specified in the ministerial regulations, other fees received by the SEC Office, and other income derived from the operation of the SEC

billion baht transferred from the SET • Annual Contribution from the SET at a rate not less than nighty percent of the income after deducting expenses, taxes and reserves specified by the board of directors

provision: “(5) borrowing in the name of the mutual fund or creating any encumbrances on the assets of the mutual fund, except entering into derivative or engaging in the transaction in accordance with the

service provided by a derivatives business operator; (2) “customer asset” means: (a) asset which a derivatives business operator received or held as performance bond for derivatives transaction for the

service provided by a derivatives business operator; (2) “customer asset” means: (a) asset which a derivatives business operator received or held as performance bond for derivatives transaction for the

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

to the Capital Market Development Fund under Section 218/2 within one-hundred and fifty days as of the end date of the calendar year at a rate not less than nighty percent of the income after deducting

transaction in the capital market. “project” means a securitization project. “SEC” means the Securities and Exchange Commission under the law governing securities and exchange. “the SEC Office” means the Office

trust owed to the trust by the third person. The set-off in contravention of the first paragraph is void. SECTION 33 In making a juristic act or a transaction with a third person, a trustee shall notify