New Town Development Act Article 17

In case of infringement of the second to the fourth paragraph of the above article, the investor will be fined according to the following provisions, and the authority will coercively buy back the land or terminate the lease contract.1.Where construction is not started according to the investment plan or is behind the schedule, and the investor doesn't improve within the notified time limit, a sum of 2% ~5% of the announced land prince will be fined, and the investor will be advised again to improve within 3 months. In case improvement is not made within the 3 months, punishment will be executed consecutively.2.Where the investor resells, subleases or sets the burden of the land without authorization, a sum of 1%~3% of the announced land prince will be fined.In case the above-mentioned fine is not paid off within the specified time limit after the notice is given, the case will be transferred to the court for coercive execution.When compulsory purchasing the lands according to the first paragraph, the authority shall notify the investors to remove the facilities on the lands within a specified time limit. In case the investors don't remove the facilities within the time limit, it will be regarded as abandonment.The provision described in the above paragraph is also applicable when the authority terminates the lease contract according to the first paragraph.Upon compulsory purchase according to Article 15 and the first paragraph of this article, the price may not exceed the original selling price.
中文原文 新市鎮開發條例第17條
投資人違反前條第二項至第四項規定者,除依左列各款分別處罰外,並應由主管機關強制收買或終止租約:
一、未依投資計畫進度開工或進度落後,經通知限期改善,逾期仍未改善者,處以該宗土地當期公告地價百分之二以上百分之五以下罰鍰,經再限期於三個月內改善,逾期仍未改善者,得按次連續處罰。
二、擅自轉售、轉租或設定負擔者,處以該宗土地當期公告地價百分之一以上百分之三以下罰鍰。
前項所定罰鍰經通知限期繳納,逾期仍不繳納者,移送法院強制執行。
主管機關依第一項規定強制收買時,對於土地上之設施,應限期投資人遷移,未於期限內遷移者,視同放棄。
前項規定於主管機關依第一項終止租約時,準用之。
依第十五條及本條第一項之規定強制收買者,其價格不得超出原出售價格。

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