These Regulations are hereby enacted according to the provision of Article 76 of the National Property Act (below to be called as this Act).

According to the paragraph 1 of Article 2 of this Act, the term “property derived by Acts” indicates the nation acquiring its property right by other law; the term “from exercise of government power” indicates the nation taking over, confiscating and expropriating property right by exercising of government power; the term “due to budget expenditure” indicates the construction or purchase of property by budget appropriation; the term “due to receiving contribution” indicates the property contributed to the government of Republic of China internally or externally.

The term “all properties not belonging to private or local government” mentioned in paragraph 2 of Article 2 of this Act indicates the real estate unregisterred or the property ownership uncertainly belonging to private or local government.

The term “land and improvement”, its definition defined by Land Law. The term “natural resources” indicates virgin forest, natural gas, geothermal energy, hot spring, water resources, underground resources and seabed resources.

The term “personal property” mentioned in subparagraph 2 of paragraph 1 of Article 3 of this Act indicates durable life over 2 years and its value over given amounts.
A given amounts of the foregoing paragraph shall be determined in accordance with property and goods standard classification specified by the Executive Yuan.

The national property of the subparagraph 1, 2, 4 of Article 5 of this Act managed or utilized by other correlative decrees shall be converted to non-public use property while disposal action is taken.

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