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Article NO. Content

Title:

Regulations Governing Over-the-Counter Trading Enterprises  CH

Announced Date: 2006.06.27 
Article 9     An OTC trading enterprise shall set aside in one lump sum NT$50 million as a compensation reserve fund, and within 15 days after the end of every quarter, shall deposit 20 percent of its business service fee revenues into that compensation reserve fund, provided that this requirement shall no longer apply once the amount set aside in the compensation reserve fund reaches the amount of the total authorized capital.
    The compensation reserve fund of the preceding paragraph shall be deposited in a designated account, and may only be used for the purposes listed below:
  1. Bank deposit or postal savings.
  2. Purchase of government or financial bonds.
  3. Other purposes approved by the Competent Authority.