The Equalization of Land Rights Act Article 29

The public announcement and notification of purchase of lands at their declared values pursuant to the provisions of Article 16 shall be made after the declaration of land value and before the collection of land value tax.The competent authorities shall stop receiving applications for the issue of construction license for those lands that may be purchased at their declared values, according to the provisions of Articles 26 and 72, from the next day of the expiration of the set time limit.
中文原文 平均地權條例第29條
依第十六條實施照價收買之土地,其公告及通知,應於申報地價後開徵當年期地價稅之前辦理完竣。
依第二十六條、第七十二條規定得照價收買之土地,自限期屆滿之次日起,當地主管建築機關應停止受理申請建築執照。

English translation for reference only; the Chinese text prevails. Not legal advice.