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Article 30
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Under any of the following circumstances, the FSC may return or reject an application (or filing) for the offering and sale of offshore funds filed by a master agent:<br/>1. The application (or filing) is in violation of law or regulation, and the violation would affect the offering and sale of the relevant offshore funds;<br/>2. The protection for the rights and interests of investors provided by the laws and regulations of the country of registration of the offshore fund is obviously lower than that of the Taiwan;<br/>3. The application (or filing) for the offering or sale of offshore funds has previously been returned, rejected, voided, or revoked by the FSC or withdrawn by the applicant and is being re-filed within 3 months from the date of the master agent’s receipt of the notification thereof from the FSC or the withdrawal;<br/>4. It has filed an application (or filing) for any other offshore fund and has not yet obtained approval or effective registration;<br/>5. A deadline for a supplemental filing set by the FSC due to an application (filing) being incomplete or insufficient is not met;<br/>6. The master agent does not meet the qualifications set out in Article 9 hereof;<br/>7. The master agent has violated these Regulations during the most recent 1 year, where the violation is serious in nature;<br/>8. Any other circumstance where the SFB deems necessary for protection of the public interest.
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