8 must be granted permission in accordance with the rules, procedures and conditions prescribed by a ministerial regulation. Section 15. A newspaper proprietor who is a natural person, a printer or a publisher must have the qualifications and not be under any of the prohibitions as follows: (1) being not less than twenty years of age; (2) being of Thai nationality; (3) having a regular domicile in the Kingdom; (4) not being an incompetent person or a quasi-incompetent person; (5) not having been sentenced by a final judgment to a term of imprisonment, except where having been discharged for a period of not less than three years, or except for an offence committed through negligence or a petty offence. Section 16.A newspaper proprietor who is a juristic person must have no less than 70 per cent of the total number of its shares held by persons of Thai nationality, and must have no less than three-fourths of the total number of its directors being persons of Thai nationality. No person may hold shares on behalf of a person of non-Thai nationality in a juristic person who is a newspaper proprietor under paragraph one. With regard to a newspaper proprietor who is a juristic person, if the amount of its shares held by persons of Thai nationality or the number of its director of Thai nationality is less than those prescribed in paragraph one, the competent official shall revoke the recordation in accordance with the rules and procedures prescribed in a ministerial regulation. DISCLAIMER: THIS TEXT HAS BEEN PROVIDED FOR EDUCATIONAL/ COMPREHENSION PURPOSES AND CONTAINS NO LEGAL AUTHORITY. THE OFFICE OF THE COUNCIL OF STATE SHALL ASSUME NO RESPONSIBILITY FOR ANY LIABILITIES ARISING FROM THE USE AND/OR REFERENCE OF THIS TEXT. THE ORIGINAL THAI TEXT AS FORMALLY ADOPTED AND PUBLISHED SHALL IN ALL EVENTS REMAIN THE SOLE AUTHORITY HAVING LEGAL FORCE.