The appointment or promotion of the responsible persons of an agent company shall meet the requirements set out in paragraph 1 of Article 6, Articles 12 and 13; one appointed or promoted without meeting those requirements shall be discharged.
Any responsible person of an agent company who has a situation in any subparagraph of paragraph 1, Article 6 after promotion or appointment shall be discharged.
If an independent agent or agents employed by an agent company or a bank does not comply with paragraph 3 of Article 6 or subparagraph 27 of Article 49 herein, the competent authority may void or revoke his or her permit and cancel his or her practice license.

Agent companies and banks that are not compliant with Articles 2-1, 7, 12, 13, 15, 27, 31, 32, 34, 34-1, 47, 50 and 52 amended and promulgated on July 22, 2024 shall make adjustments to become compliant prior to December 31, 2024.

Except for Article 31 amended and promulgated on June 18, 2015 that will be in force on June 24, 2015, and Articles 8, 9, 11, 32, 33, 33-1, 47, 49, 55, and provisions relevant to the protection of the rights and interests of customers aged 65 and above amended and promulgated on September 22, 2022 that will be in force on October 1, 2022, these Regulations shall be in force on the date of promulgation.