Urban Renewal Act Article 66

In an urban renewal area, the floor area on land reserved for public facilities, sites and buildings to be preserved according to law or as specified in urban plans, buildings on sites deemed by the competent authority of the municipality or county (city) as worthy of preservation, land or street blocks with buildings reviewed and decided to be preserved according to Article 29, or land to be utilized to promote more effective use may be partially or entirely transferred to be used by other buildings in the building base. Regulations established according to Paragraph 2 or Article 83-1 of the Urban Planning Law with regard to approaches of floor area rights to be transferred out, the range of area for floor area rights to be transferred in, the upper limit on a building base floor area rights can be transferred in, the corresponding conversion formulas, transfer approaches and operating procedures shall apply mutatis mutandis.The whole building bulk mentioned in the above paragraph that has been transferred to another building site for construction should register the original private-owned land as being publicly owned.