Enforcement Rules of the Act for Rebuilding Old Quarters for Military Dependents Article 9

Paragraph(1) In the event that the resident military household applies for a loan from the Reconstruction Foundation with respect to the amount to be burdened on its own subject to Paragraphs 1 and 2 of Article 20 of the Statute in order to purchase the residence constructed subject to the Statute, or the residence constructed by the government or public housing subject to Paragraph 5, Article 19 of the Statute designated by the competent authority, or the military independents' residence constructed subject to Paragraph 1, Article 28 of the Statute, or with respect to the price difference of the subsidy that it volunteers to accept from the competent authority for purchasing the residence constructed by privates, the loan interest rate shall apply the interest rate for the loan granted by the central government to government employees and teachers. The basic credit line for such loan is one million NT dollars, with the duration of 30 years. The capital and interest accruing there from shall be paid in monthly installments.Paragraph(2) Where the residences and bases for which the resident military households apply for loans as referred to in the preceding paragraph are sold, mortgaged, given as a gift or exchanged in the duration of the loan, the resident military household shall pay off the capital and interest for the loan immediately.Paragraph (3) The requirements governing the application for the loans as referred to in Paragraph 1 shall be defined by the Ministry of National Defense separately.