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BOT Act Section 28 — Monetary Policy Committee
Bank of Thailand Act (พระราชบัญญัติธนาคารแห่งประเทศไทย) — Section 28.
Plain-English Summary
Establishes the MPC, the BOT body setting the policy rate and monetary policy framework.
Official Text
Official Thai text at the Royal Gazette / Office of the Council of State. Translation summary only.
Consult official sourceParent Statute
Bank of Thailand Act
พระราชบัญญัติธนาคารแห่งประเทศไทย · B.E. 2485 (1942)
The Bank of Thailand Act B.E. 2485 (1942) established the Bank of Thailand (BOT) as the central bank. The Act, substantially amended in 2008 to strengthen central bank independence, sets out the BOT's mandate over monetary policy, financial-system stability, payment systems, and currency issuance.
The summary above is a plain-English educational paraphrase of Section 28 of the Bank of Thailand Act. It is not an authoritative translation. For the binding Thai text, consult the Royal Gazette or the Office of the Council of State. Educational use only — not a substitute for advice from a Thai-qualified lawyer.
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