The owner or user of a launch vehicle or spacecraft shall be liable for compensation for death and injury sustained by humans or damage to another person caused by space accident due to willful act or negligence.
If a space accident occurs to space activities, the competent authority may order the owner or user of the launch vehicle or spacecraft to make corrections within a specified period of time, and may order a termination of a program or revoke its launch permit for failing to make corrections within the time frame.
The competent authority shall determine the regulations for correction deadline, reason for termination of a program, and revocation of a launch permit and other matters for compliance in the preceding paragraph.

The owner or user of a launch vehicle or spacecraft shall provide an adequate liability insurance or financial guarantee during the term of the launch permit, subject to approval of the competent authority, before the launch may take place.
If the insurer of the liability insurance stipulated in the preceding paragraph, the owner and user of the launch vehicle or spacecraft, or the guarantor of the financial guarantee suspends, terminates or changes the subject or contents of its liability insurance or financial guarantee during the term of insurance or guarantee, it shall send a 60-day written notice to the other parties to the contract. The owner and user of the launch vehicle or spacecraft should notify the competent authority within three days from the day immediately following notification to the other parties to the contract or their receipt of such notice. Failure to do that may result in revocation of the launch permit by the competent authority pursuant to the requirements under Article 11, paragraph 3.

Where the owner or user of a launch vehicle or spacecraft becomes liable for damage compensation due to space accident, the maximum liability is NT$5 billion and the liable party may cover the losses with the money from the liability insurance or financial guarantee in the preceding article.
The maximum liability stipulated in the preceding paragraph does not include interest or litigation costs.
If a party entitled to claim damage compensation for damages arising from space accident is able to prove the damages were caused by intention or gross negligence of the owner or user of the launch vehicle or spacecraft, the limitation of maximum liability in the first paragraph shall not apply.

Investigations into a space accident shall be conducted by Taiwan Transportation Safety Board.