Enforcement Rules of the Act on Property-Declaration by Public Servants Article 14

The term “above certain values” referred to in Subparagraphs 2 and 3 of Paragraph 1 of Article 5 of the Act is defined as follows:1. Cash, deposits, securities, rightful claims of creditor, debts and investments to various ventures with the total amount under each category reaching One Million New Taiwan Dollars (NT$1 Million).2. Jewelry, antique articles, calligraphy and paintings, and other valuable properties with the total amount of each item (piece/article) reaching Two Hundred Thousand New Taiwan Dollars (NT$200,000).Properties, as prescribed in Paragraph 2 of Article 5 of the Act, in the ownership of a public servant’s spouse and underage offspring shall be jointly declared. The above certain values shall be calculated separately according to the preceding paragraph.The closing exchange rate of the day of declaration shall be used in converting foreign currencies (exchanges) into New Taiwan Dollars. The price of securities shall be based on the face value. If securities do not have face value, its price shall be calculated by way of the closing price, transaction price, unit net value or the original transaction price. The price of jewelry, antique articles, calligraphy and paintings, and other valuable properties shall be their listed market price of the day of declaration. In the event that there is no market price, the price shall be determined by the last transaction price.