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

Print Time:2024/11/22 11:03
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Chapter Law Content

Chapter 3 Management of Wholesalers
Article 19
Those who apply for wholesalers shall fill out the application form with documents and guaranteed fund  to the market.
Herein before the application form and its attached documents,the markets arrange beforehand ,and report to local supervising authority for reference.
Article 20
When the market receives the wholesaler's application herein before, shall examine and issue wholesaler's permit,and then report to the local supervising authority for reference.
Wholesaler's permit format is is arranged beforehand by the market,and the market reports it to the local supervising authority for reference.
Article 21
The wholesaler may apply for setting up assistant personnel to the market. The set-up process and management rules shall be arranged beforehand and implement by the market, and report to local supervising authority for reference.
Article 22
The wholesaler who enters the market for transaction shall pay the wholesale "guaranteed fund" ,a standard arranged beforehand by the market.
Article 23
The "guaranteed fund" paid by the wholesaler shall be refunded without interests in case the wholesaler terminate transaction and returns the permit or the permit is abolished, and also clean up the payment.
Article 24
The market shall check the wholesaler's permit once a year; the result of checking is reported to the local supervising authority for reference.
Article 25
The wholesaler and her/his assistants shall have identification card (ID) to enter the market for transaction. It is not allowed to authorize others to represent her/him or lend out the ID card to others.
The ID card herein before is made and issued uniquely by the market.
Article 26
A wholesaler stops transation unauthorizedly,for one month continuously,without any appropriate reasons so that the market could abolish her/his wholesaler's permit.
A wholesaler violating the Said Act or the "management rules" specified in Article 8 paragraph 1 of the Said Act, the market may terminate her/his transaction or abolish the wholesaler's permit depending on the situations.
Abolishing the wholesaler's permit,the market should proclaim inside,and report to the local supervising authority for reference.
The period of termination of transaction in paragraph 2 shall not exceed one month.
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