Section Code: 0044 - 0046
Foreign Business Act,
B.E. 2542 (1999)
Section 44. Prior Right to do Business
Foreigners who have acquired the right or have been permitted to operate businesses under the Notification of the National Executive Council No. 281, dated 24th November B.E. 2515 (1972) prior to the date of the entry into force of this Act shall continue to enjoy the right or be permitted to operate such businesses in accordance with the conditions and the term of the rights or permission so acquired.
Section 45. Transferring Business to New List
Foreigners who, on the date of the entry into force of this Act, have operated businesses specified in the Lists annexed hereto but not specified in the Lists annexed to the Notification of the National Executive Council No. 281, dated 24th November B.E. 2515 (1972) shall, in the event of intending to continue the operation of such businesses, notify the Director‐General for obtaining a certificate in accordance with the rules and procedures prescribed in section 11 within one year as from the date of the entry into force of this Act and, during the period in which the certificate has not yet been obtained, such foreigners shall not be deemed as operating the businesses without permission under this Act.
Section 46. Under Control of Minister of Commerce
The Minister of Commerce shall have charge and control of the execution of this Act and shall have the power to appoint the Registrar and competent officials and issue Ministerial Regulations prescribing fees not in excess of the rate annexed hereto, exempting fees and prescribing other acts for the execution of this Act.
Such Ministerial Regulations shall come into force upon their publication in the Government Gazette.