OECD Review of the Corporate Governance of State‑Owned Enterprises in Thailand

Annex A. Reference of laws and regulations covering the SOE sector

Laws

1. Accounting Act B.E. 2543 (2000)

2. Budget Procedures Act, B.E. 2561 (2018)

3. Development of Supervision and Management of State-Owned Enterprise Act B.E. 2562 (2019)

4. Disciplinary Offenses of Civil Servant Performing Duty in Non-government Agencies Act, B.E. 2535 (1992) as amended.

5. Ethical Standard Act B.E. 2562 (2019)

6. Minister's management of partnership and shares Act , B.E. 2543 (2000) as amended.

7. kNational Economic and Social Development Council Act, B.E. 2561 (2018)

8. Offences of Officials in State Organisations or Agencies Act, B.E. 2502 (1959)

9. Organic Act on Anti – Corruption, B.E. 2561 (2018)

10. Organic Act on State Audit B.E. 2561 (2018)

11. Organisation of state administration Act, B.E. 2534 (1991), as amended

12. Public – Private partnership Act, B.E. 2562 (2019)

13. Public Information Act B.E. 2540 (1997)

14. Public Debt Management Act B.E. 2548 (2005) as amended.

15. Public Limited Company Act. B.E. 2535 (1992)

16. Public Organisation Act, B.E. 2542 (1999)

17. Public Procurement and Supplies Administration, Act B.E. 2560 (2017)

18. Reorganisation of Ministry, Sub-Ministry, and Department Act, B.E. 2545 (2002)

19. Royal Degree on Principle and Procedure for Good Public Governance, B.E. 2546 (2003)

20. Securities and Exchange Act B.E. 2535

21. Standard Qualifications of State Enterprise Directors and Employees Act, B.E. 2518 (1975) as amended

22. State Administration Act, B.E. 2534 (1991)

23. State Enterprise Corporatisation Act, B.E. 2542 (1999)

24. State Enterprise Labour Relations Act, B.E. 2543 (2000) as amended

25. State Fiscal and Financial Discipline Act, B.E. 2561 (2018)

Regulations

1. Corporate Governance Code for Listed Companies. B.E. 2560

2. Disclosure of Information and Operations of listed companies on Connected Transaction, B.E. 2546 (2003).

3. Principles and Guidelines on Corporate Governance for State-Owned Enterprises B.E. 2562 (2019)

4. SOE Development Plan B.E. 2566 – 2570

5. Thai Financial Reporting Standard (TFRS)

6. Notification of Screening Committee on Criteria and Procedures for Selecting Directors of State-Owned Enterprises B.E. 2566 dated 8 November 2023

7. The Ministry of Finance’s Regulation on Accounting and Finance of State Enterprise, B.E. 2548 (2005)

8. The Ministry of Finance’s Regulation on Audit Committee and Audit Unit of State Enterprise, B.E. 2555 (2012)

9. The Office of the Prime Minister’s regulation on public services obligation of state enterprise, B.E. 2554 (2011)

10. Prime Minister’s Office Regulation on State Enterprise Public Service Subsidies B.E. 2554 (2011)

11. Qualifications and Scope of Work of the Audit Committee B.E. 2558 (2015)

12. Regulations of the Ministry of Finance on Standards and Criteria for Internal Audit Operations for Government Agencies B.E. 2566 (2023) (No. 4)

13. The Principles of Good Corporate Governance for Listed Companies (2012)