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Section 43. The Minister shall have the power to dissolve a chamber of commerce upon the following events :

(1) When it appears that an action of the chamber of commerce is contrary to the law or is a threat to the economy or security of the country, or to public order or good morals ;
(2) When the chamber of commerce does an act in violation of section 29, and such act is a serious harm ;
(3) When the chamber of commerce is unable to continue its operation or has ceased its operation for two years or upward ;
(4) When it appears that the chamber of commerce authorizes or permits another person who is not a director to perform the duty of a director.
Any director of the chamber of commerce, of which dissolution the Minister orders under (1),(2)or(4) who participated in the act which causes the Minister to order its

dissolution, is disqualified from being a director of the chamber of commerce unless period of three years has elapsed from the day the Minister issues the order to dissolve the chamber of commerce.

Chapter 6
Dissolution of a Chamber of Commerce

Section 44. A chamber of commerce is dissolved upon any of the following causes :

(1) upon the resolution of the general meeting for its dissolution ;
(2) upon being bankrupt ;
(3) upon the order of the Minister under section 43 for its dissolution.
The chamber of commerce dissolved under (1) or (2) shall notify the Registrar of the dissolution within a period of fifteen days from the day of the occurrence of the cause for its dissolution.

Section 45. Subject to section 10 paragraph three, when a chamber of commerce is dissolved upon any cause specified in section 44, the Registrar shall revoke the license and delete the name of the chamber of commerce from the Register. In such case, it shall be deemed that the chamber of commerce may continue to act only as far as it is necessary for the purpose of liquidation.

Section 46. The provisions of the Civil and Commercial code on the liquidation of registered partnerships, limited partnerships and limited companies shall apply mutatis mutandis to the liquidation of a chamber of commerce dissolved under section 44.

Section 47. After the liquidation, the remaining property, if any, may not be distributed among the members of the chamber of commerce. Such property must be transferred to another juristic person the objects of which concern a public charity specified in the regulations of the chamber of commerce. If no juristic person is specified, it shall be transferred to any juristic person the objects of which concern a public charity, as may be resolved by the general meeting. In cases other than as mentioned above, the remaining property shall vest in the State.

Chapter 7
Penalties

Section 48. Any person who violates section 8 shall be liable to imprisonment for not more than one year or to a fine of not more than ten thousand Baht or to both.

Section 49. Any person who is member of a chamber of commerce not licensed under section 8 shall be liable to a fine of not more than two thousand Baht.

Section 50. Any person who violates section 16 shall be liable to a fine of not more than one thousand Baht and an additional fine of not more than fifty Baht a day until rectification is made.

Section 51. Any person who violates section 17 shall be liable to a fine of not more than two thousand Baht and an additional fine of not more than fifty Baht a day until cessation of such use.

Section 52. Any person who fails to comply with the order of the Registrar under section 18 or section 31, or fails to comply with section 32 paragraph four, shall be liable to a fine of not more than one thousand Baht.

Section 53. Any chamber of commerce which refuses to allow its member to examine the activities and property of such chamber of commerce under section 27 shall be liable to a fine of not more than one thousand Baht.

Section 54. Any chamber of commerce which violates section 29 or section 30 shall be liable to a fine of not more than fifty thousand Baht.

Section 55. Any director of a chamber of commerce who violates section 29, or does an act contrary to its objects and such act is a threat to the economy and security of the country, or to public order or good morals, shall be liable to a fine of not more than thirty thousand Baht.

Section 56. Any chamber of commerce which violates section 3, section 34, section 35, section 36 or section 37 paragraph one, shall be liable to a fine of not more than one thousand Baht.

Section 57. Any person who fails to comply with the order of the Registrar under section 39 or section 41 paragraph one or paragraph two, shall be liable to a fine of not more than two thousand Baht.

Section 58. Any person who violates section 40 or remains a director or a chamber of commerce which has been dissolved under section 44 or section 61 paragraph three, shall be liable to imprisonment for not more than two years or to a fine of not more than twenty thousand Baht or to both.

Section 59. Any chamber of commerce which violates section 44 paragraph two, or fails to comply with section 46, shall be liable to a fine of not more than one thousand Baht.

Section 60. Any person who viloates section 47 shall be liable to imprisonment for not more than one year or to a fine of not more than ten thousand Baht or to both.

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