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Article NO. Content

Title:

Taiwan Stock Exchange Corporation Operation Directions for Compliance with the Establishment of Board of Directors by TWSE Listed Companies and the Board's Exercise of Powers  CH

Amended Date: 2018.12.27 
Categories: Primary Market > Review
Corporate Governance
Article 27     In the event of a TWSE listed company's violation of the requirements under Article 6, the first paragraph of Article 8, the first paragraph of Article 9, Articles 10 and 12, the second paragraph of Article 15, Articles 16 to 18, the third paragraph of Article 20 or Articles 21 to 25, the TWSE may impose a penalty of NT$30,000 on the company and require it to make the correction within a specified period of time. Failure to make the correction within the specified period of time will subject the company to a penalty of NT$10,000 for each business day until it has made the correction.