State-Owned Enterprise Management Act Article 15

State-owned enterprise with the approval of the government way issue specific usage corporate bonds exempt from the restrictions of the restrictions of Article 247, Paragraph 2 of Article 249, and Paragraph 2 of Article 250 of the Company Act. The specific usage and annual total issued amount of the bonds shall be submitted to Legislative Yuan for approval through the budget process.If the proceeds realized from the issue of corporate bonds are applied for usage other than that stipulated, the responsible person of the state-owned enterprise shall be sentenced to an imprisonment under two years.
中文原文 國營事業管理法第15條
國營事業經政府核准,得發行指定用途之公司債,不受公司法第二百四十七條、第二百四十九條第二款及第二百五十條第二款規定之限制。
但其指定用途、年度發行總額,應循預算程序,送立法院審議。
前項國營事業公司債款募集後,未依指定用途而用於規定事項以外者,處國營事業負責人二年以下有期徒刑。

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