Regulations Governing Inspections, Appraisals, and Incentive Measures on Cooperatives Article 11

When appraisals are conducted on a cooperative, the directors, supervisors, and other staff members of the cooperative shall simultaneously receive appraisals. The regulating authorities shall conduct appraisals in accordance with the following provisions, except for the events set forth in Article 43 of the Act, which shall be handled in accordance with law:1. Such persons are honest, diligent, and fair, and have earned the trust of other people inside and outside the cooperative;2. Such persons handle cooperative affairs in a well-organized manner and formulate practical and comprehensive business plans to ensure members’ benefits;3. There are real facts that show such persons are qualified to become exemplary models for their deep understanding of cooperative business and devotion to supporting and promoting such business;4. Such persons have a total of five or more years of experience in working as directors, supervisors, and other staff members of the cooperative.If, according to the appraisals, the directors, supervisors, and other staff members of the cooperative comply with both the provisions of Subparagraph 1 and Subparagraph 2 of the preceding paragraph, the regulating authority shall give a medal or award. In the event that such persons comply with all of the provisions of the preceding paragraph, the regulating authority shall submit a request together with detailed facts to the central regulating authority to give a medal or award.