Securities Investment Trust and Consulting Act Article 64

A securities investment trust enterprise or securities investment consulting enterprise may operate discretionary investment businesses by means of a trust; where it meets certain conditions, it shall apply under the Trust Enterprise Act to concurrently operate trust businesses."Certain conditions" in the preceding paragraph shall be defined by the competent authority for the Trust Enterprise Act in consultation with the Competent Authority.Operators of discretionary investment business by means of trusts shall be limited to securities investment trust enterprises, securities investment consulting enterprises, or entities permitted to operate trust business under the Trust Enterprise Act.