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Article NO. Content

Title:

Regulations to Encourage the Reporting of Cases of Illegal Use of Proxies for Shareholder meetings of Public Companies  CH

Announced Date: 2006.04.18 
Article 4     Standards for issuing rewards under these Regulations are as follows:
  1. For each report case where an administrative fine of NT$2.4 million or higher is imposed, a reward of NT$120,000 shall be issued to the informant.
  2. For each report case where an administrative fine of at least NT$1.2 million but less than NT$2.4 million is imposed, a reward of NT$60,000 shall be issued to the informant.
  3. For each report case where an administrative fine of less than NT$1.2 million is imposed, the reward issued to the informant shall be equal to 5 percent of the administrative fine.
    Where the circumstances of a reported case of proxy rule violation are of a serious nature, the competent authority may raise, within a multiple of three, the reward issuance standards of the preceding paragraph.