When a legally incorporated private educational institution established before the revised Private School Law took effect on January 18, 2008 applies to establish an additional private junior college or institution of higher education, branch campus, division, and/or junior college division, or to undertake an alteration, or cease operations, the provisions of these Regulations that govern school endowment corporations apply. But if such an educational institution is applying to establish an additional private junior college or institution of higher education, it shall first change its status to become a school endowment corporation, in accordance with the provisions of Article 87, Paragraph 2 of the Private School Law, after which, the application may be approved by the competent authority for the private junior college or institution of higher education.
When the legally incorporated private educational institution referred to in the previous paragraph applies to be renamed, to alter its institutional status or take part in an amalgamation, leading to a change to the nature or the name of the former legal person, after the competent authority for the private junior college or institution of higher education has ratified the alteration, in accordance with the provisions of Article 87, Paragraph 2 of the Private School Law, the legally incorporated private educational institution shall change its status to become a school endowment corporation and the private junior college(s) or institution(s) of higher education it has established.

These Regulations shall take effect on the date of promulgation.