|
Article 23
|
The Board shall have the following powers and authorities:
- Deliberating and deciding on the important policies and regulations of the Corporation;
- Reviewing and discussing the operational guidelines and annual budget of the Corporation;
- Reviewing and discussing the final accounts and profit allocation proposal of the Corporation;
- Reviewing and discussing the proposals and reports submitted to the shareholders' meeting;
- Appointing or discharging the general manager and deputy general managers, and the assistant general managers, business commissioners, and managers and deputy mangers of various departments;
- Approving and determining the Corporation's investment activities;
- Deliberating and deciding on the Contract for Use of the Centralized Securities Exchange Market;
- Deliberating and deciding on the Criteria Governing Consignment Contracts of Securities Brokers trading at the Corporation's centralized securities exchange market;
- Deliberating and deciding on cases where a securities broker or securities dealer is restricted or prohibited from trading or its contract for use of the centralized securities exchange market is terminated for trading at the Corporation's centralized securities exchange market in violation of the law, regulations, rules and contract;
- Deliberating and deciding on the amount of the brokerage/handling fees and other charges payable by securities broker and securities dealer for trading at the Corporation's centralized securities exchange market, and the rate of the service charge collected by securities broker from its principal;
- Deliberating and deciding on the criteria for review of securities listings and the rules governing listing contract;
- Approving and determining the listing and delisting of trading of securities;
- Deliberating and deciding on the rate of the listing fee payable by issuer for the securities to be listed; and
- Approving and determining other important matters.
The chairman of the TWSE may be authorized to approve the delisting of securities in subparagraph 12 of the preceding paragraph.
|