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Chapter Law Content

Title: Trust Enterprise Act CH
Category: Financial Supervisory Commission(金融監督管理委員會)
Chapter V. Association
Article 45
Before commencing business, a Trust Enterprise shall join the Trust Enterprise Association.
Article 46
Regulations Governing the Administration of the Trust Enterprise Association shall be as prescribed by the Competent Authority.
Article 47
In the event that directors and supervisors of a Trust Enterprise Association violate acts and regulations by postponing implementation of the articles of association or rules [of the Association], by abusing their authority, or by breaching bona fide principles, the Competent Authority may issue corrective measures orders or order the Trust Enterprise Association to discharge such person.