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Article NO. Content

Title:

Securities and Exchange Act  CH

Amended Date: 2024.08.07 
Article 38-1 When the Competent Authority deems it necessary, it may, from time to time, appoint a CPA, lawyer, engineer, or other professionals or technicians to examine the financial and business conditions and related documents, statements, and account books of the issuer, securities underwriters, or other related parties and to submit reports or opinions to the Competent Authority, at the expense of the examinee.<br/>When shareholders who have been continuously holding, for a period of 1 year or longer, 3 percent or more of the total number of the outstanding shares of a company whose stock is listed on a stock exchange or traded over-the-counter deem that a specific matter materially damages the rights or interests of shareholders, they may apply to the Competent Authority, attaching their reasons, related evidence, and explanations of the necessity, for examination of the specific matter of the issuer or related documents and account books. When the Competent Authority deems it necessary, it will do as provided in the preceding paragraph.