Act for the Establishment of the National Housing and Urban Regeneration Center Article 28

The Center shall gain approval from the board of directors when using self-owned property as collateral for obtaining loans.Debt raised by the Center shall be limited to self-liquidating loans, which shall be submitted to the supervisory authority for approval in advance. Where debt cannot be repaid by self-liquidation according to the outcome of budget implementation, the Center shall promptly review and propose improvement measures to the supervisory authority for approval.
中文原文 國家住宅及都市更新中心設置條例第28條
本中心以自有資產作為舉債擔保,應經董事會同意。
本中心所舉借之債務,以具自償性質者為限,並先送監督機關核定。
預算執行結果,如有不能自償之虞時,應即檢討提出改善措施,報請監督機關核定。

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