With regard to the acquisition, management, utilization, revenue and disposition of national property, this Act shall prevail. For such matters not specified herein, other relevant Acts shall apply.

The national property is derived by Acts, or from exercise of government power, purchase or contribution.
Unless otherwise specified in other relevant Acts, all properties not belonging to private or local government shall be deemed to be the national property.

The scope of the national property derived from the foregoing article is as follows:
1.Real Estate: refers to lands, improvements and natural resources.
2.Personal property: refers to mechanical facilities, transportation facilities and other miscellaneous facilities.
3.Securities: refers to shares or stocks and bonds owned by the nation.
4.Rights: refers to the property rights of superficies, easement, dien, mortgage, mining, fishery, patent, copyright, trademark and others.
Detailed property classification of the foregoing paragraph subparagraph 2 shall be determined in accordance with the provisions of the Executive Yuan.

The national property is divided into public use and non-public use property.
Public use properties are as follows:
1.Office use property: national property used by government authorities, military offices, public schools, official operations and dormitories.
2.Public use property: national property used for public facilities directly offered by the nation.
3.Enterprises property: national property used by state-owned enterprises. But if the state-owned enterprise is a company, the national property is only referred to its shares.
All national properties aside from public use property is non-public use property such property may be benefited or sold.

The utilization or management of the national property aside from the scope of paragraph 1 of Article 3 is determined by other correlative decrees:
1.Military materials and equipments.
2.Books, historic materials, antiques and contents in the National Palace museum.
3.Productive materials of state-owned enterprises.
4.Other tangible or intangible properties should be provided for public use or preserved.

In order to ensure land utilization of each frontier nation, state shall depend on local actual situation to reserve national land and its improvements, the management regulation shall be prescribed by the Executive Yuan.

The revenue and disposition of the national property shall be handled in accordance with budget procedures; the revenue should be turned in to the national treasury.
Making revenue or disposition of enterprise use properties shall be determined by regulations and procedures related to the government-owned enterprise during the period of utilization or converted to non-public use property.

The national land and its improvement, except for benefiting and subparagraph 3 paragraph 2 of Article 4 for enterprise use, is exempted from land taxes and constructional improvement taxes.