Act for Investment by Overseas Compatriots Article 5

If the investor holds, in an aggregate, more than one third (1/3) of the total shares issued by an enterprise in which the investor invests, or if an investor contributes, in an aggregate, more than one third (1/3) of the total capital amount of an enterprise in which the investor invests, the reinvestment to be made by the invested enterprise shall be subject to the Competent Authority’s approval.
中文原文 華僑回國投資條例第5條
投資人持有所投資事業之股份或出資額,合計超過該事業之股份總數或資本總額三分之一者,其所投資事業之轉投資應經主管機關核准。

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