Volume 109, Issue 44
Royal Gazette
9 April 2535
(4)bills; or
(5)certificates of deposit;
shall be punished with imprisonment from one year to ten years and a fine from twenty thousand baht to two hundred thousand baht."
Anand Panyarachun
Prime Minister
Note: The grounds for promulgation of this Act are as follows: Whereas commercial banks under the law on commercial banks, as well as finance companies under the law on the practice of financing business, security business, and crédit foncier business, now accept deposits by means of issuing certificates of deposit, and the said certificates of deposit are negotiable instruments, it is appropriate to designate measures for prevention of forgery of the described instruments in order to protect common interest which may injured by the use of forged certificates of deposit. Therefore, it is necessary to enact this Act.
