Cooperatives Act Article 73

A director or liquidator of a cooperative who commits any of the following acts shall be subject to a fine of not less than NT$2,000 and not more than NT$10,000:1. Violating the provisions of Paragraph 2 of Article 47, which govern the time limit of notices;2. Violating the provisions of Article 51 or 64, which govern the time limit of notices or announcements;3. Violating the provisions of Paragraph 4 of Article 60.In case of the act specified in subparagraph 2 or 3 of the preceding paragraph, a fine will be imposed, and a time limit will be set for the director or liquidator to correct the misconduct. If correction is not made within the time limit, consecutive punishments will be imposed.