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Laws & Regulations Database of The Republic of China (Taiwan)

Print Time:2024/11/22 04:07
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Chapter Law Content

Title: Futures Trading Act CH
Category: Financial Supervisory Commission(金融監督管理委員會)
Chapter VII Arbitration
Article 109
For any dispute arising out of futures trading conducted pursuant to this Act, the parties may resort to arbitration, pursuant to their agreement.
Unless otherwise provided by this Act, arbitration under the preceding paragraph shall be governed by the Arbitration Act.
Article 110
If the arbitrators selected by the parties to the dispute cannot agree on the appointment of the third arbitrator as provided under the agreement to arbitrate, the Competent Authority may appoint the third arbitrator upon application or ex officio.
Article 111
If any futures enterprise delays its compliance with an arbitration award, a settlement reached pursuant to Article 44 of the Arbitration Act, or mediation successfully concluded pursuant to Article 45 of the Arbitration Act, the Competent Authority may order the futures enterprise to suspend business or impose any other necessary sanctions prior to its compliance, unless the arbitration award, settlement, or mediation has been challenged by litigation pursuant to Article 40 or the mutatis mutandis application of Article 40 under Article 46 of the Arbitration Act.
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