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Throughout this week The organization of the property The monarch is widely discussed. Partly because the protesters were scheduled to attend the meeting in front of the property’s office. Although it changed to a rally in front of the Thai Commercial Bank headquarters, it was symbolically linked
2 years ago, the Crown Property Bureau used to clarify the purpose of the new law. After the adoption of the Monarchy Asset Organization Act, 2017
In the Crown Property Bureau shareholder name change statement It is the king’s name Specify the combination of crown property and crown property together “The Monarch property must be restored to the property and custody of the King. To manage the property according to their royal custom For any property of the monarchy that was originally the name of the Crown Property Office, such as having the name of a shareholder in a limited company OR a joint-stock company Therefore it had to be changed to the name of His Majesty the King “
One reason to change the property name of Crown Property Bureau Is the name of the king “That the property is subject to the various laws related to taxes AND must have the same tax obligation as the general public. Which is a practice to comply with with real wishes “
The document further states that “His Majesty the King has the resolution to investigate the royal duties of King Burapha Maha Chasatriyathirat Chao, who has made contributions to Thailand. Establishing various companies to make Thailand stable, able to operate with Thais and compete with foreign countries such as the Siam Commercial Bank Which developed from Bank Siam Commercial Capital Company Limited “
After the law to reorganize the assets, the list of names of the main shareholders of Siam Commercial Bank was announced. And Siam Cement Company Limited has changed according to the clarification of the Crown Property Bureau. Is the name of the king
The Property Office clarification document states that “The use of the King’s name. He is a shareholder in a company formerly known as the Crown Property Bureau. Allowing His Highness to delegate a royal servant or person who delivers his work closely under the supervision of these various businesses To conduct these businesses within the framework of good business management according to the actual intention
While the Monarchy Property Committee Amended in accordance with the new law, namely General Sathitphong Sukwimol, Chairman and Director of Crown Property, Mr. Kasem Watthanachai Director, Mr. Krit Kanjanakunchorn Director, the Lieutenant Colonel Somchai Kanjanamanee Director Pol. Lieutenant Colonel Thamnithi Wanitthanom Director, Pol. Gen. Amnat Jiramanemai Director, General Chakaphop Phuridech Director, Pol. Gen. Phakdee Saeng-Chuto Director General Pawit Rujithet Director, Mr. Amphon Kittiampon Director and General Apirat Kongsompongpongpong
In 2018, the NCPO government issued the Monarchy Assets Organization Act, which removed the word “side”, but the gist was close to the original version, including assets, called “The property of the king.”
Another aspect of the law amendment is the granting of a large number of land titles to government bodies, such as the granting of land titles to Suan Dusit Rajabhat University. And Suan Sunandha Rajabhat University
Previously, the Monarchy Property Organization Act of 1948 has been used for a long time, divided into 3 parts: Either existing property before ascending to the throne, public property of the Kingdom OR property in the King That is used for the benefit of land, such as palace and crown property OR assets other than your personal property and assets in the public domain are land, investments in companies
When compared The Property Organization Law of 1948 and the Property Organization Law of 2018 will remain only the property of the King and the assets of the King and both parties are the assets of the monarch, which the law of 2018 also increases . The text “Management of interests in accordance with the royal court”, while the year 1948 provides that the Crown Property Office to supervise
Additionally, the 1948 law states that your belongings are taxable. Except for Crown Property, as of 2018, stating that Crown Property Taxable legally Another difference is that the 1948 law provides that the Minister of Finance. He is the chairman of the Crown Property Committee by position, while in 2018 he claims that the King appoints them all by royal
The current argument is to implement a new monarchical asset management law. Including Crown Property and Crown Property Is owned by the King or must use the Monarchy Property Organization Act of 1948, which is the original law that was used during the reign of King Rama IX
https://www.youtube.com/watch?v=PqIPtxCpmzc
Read related news Going back to history: the controversy “The property of the king”
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