|
Article 59
|
From the date a securities firm obtains its securities business license or a branch thereof obtains permission and registration, if the securities firm or branch fails to commence operations within three months or after commencing operations voluntarily suspends business for three consecutive months or longer, the Competent Authority may withdraw its special permission or permission.<br/>The securities firm, if it has good cause, may apply to the Competent Authority for an extension of the time limit referred to in the preceding paragraph.
|