Goto Main Content
:::

Chapter Law Content

Title: Farmer Pension Act CH
Category: Ministry of Agriculture(農業部)
CHAPTER IV Supervision and Fees
Article 27
Whenever financial institutions commissioned to use, operate, and manage the farmers’ pension fund under Article 23 discover any intent to interfere with, manipulate, or direct its use, or any other situation detrimental to farmers’ rights and interests, they shall notify the BLF. In cases in which the BLF believes there is a need to take action, the BLF shall notify the Competent Authority to take the necessary measures.
Article 28
elonging to the Competent Authority, the BLI, the BLF, commissioned financial institutions, or relevant organizations may not reveal secrets related to the handling of affairs to outsiders, nor may they seek illicit profits; they shall fulfill the obligations of an administrator of good will and seek the maximum income for the fund.
Article 29
Funds needed for administration by the BLI and the BLF as required by this Act shall be budgeted.
Article 30
All revenues and expenditures for accounting books, receipts, and business affairs of the BLI and BLF as required by this Act shall be tax-free.