Regulations on Permission and Supervision of Interior Business Public Welfare Trusts Article 8

After receipt of the Permit, the consignee shall immediately handle the transfer or disposal of the trust estates and, within 1 month after acceptance of the transferred or disposed estates, submit the related certificates to the competent authority to declare the properties.Where the trust is established by means of pronouncement, the consignee shall, immediately after receipt of the Permit, publicize the Permit together with the resolution of the legal person and the contents of the pronouncement on the newspapers at the location of main office, and shall submit a report enclosed with the related certificates to the competent authority within 1 month after the documents are publicized.Where a person joins the trust as a consignor in accordance with the provision of Paragraph 1, Article 71 of the Act, a trust contract shall be signed, and the provision of the first paragraph shall apply.