The Arbitration Law of ROC Article 37

The award shall, as applicable, be binding on the parties and have the same force as a final judgment of a court.An award shall not be enforceable unless a competent court has on application of a concerned party, granted an enforcement order. However, the arbitral award may be enforced without an enforcement order granted by a competent court if the parties to the arbitration so agree in writing and the arbitral award concerns any of the following subject matters:1.Payment of a specified sum of money or a certain amount of fungible goods or valuable securities;2.Delivery of a specified movable property.The provision of the preceding paragraph is binding not only on the parties but also on the following persons with respect to the arbitration:1.Successors of the parties after the commencement of the arbitration, or those who have taken possession of the contested property for a party or its successors.2.Any entity on whose behalf a party enters into an arbitration proceeding; the successors of said entity after the commencement of arbitration; and those who have taken possession of the contested property for said entity or its successors.