Regulations Governing Postal Simple Life Insurance Operations Article 34

The appointment of an Appointed Actuary appointed by Chunghwa Post shall be first approved by more than half of the attendance in the meeting of the board directors which shall be attended by more than half of the board members of Chunghwa Post. The same shall apply to termination of appointment.After appointing an Appointed Actuary or the reviewing actuary, Chunghwa Post shall submit the following documents to the MOTC and the FSC for review:1. The application for appointment.2. The minutes of the meeting of the board of directors relating to the approval for assignment or appointment.3. The certificates substantiating that an Appointed Actuary or reviewing actuary meets the qualifications set forth under Paragraph 3 of Article 32.4. A statement stating that an Appointed Actuary or reviewing actuary has not been in the circumstances set forth in Article 33.5. A letter of authorization issued by the board of directors pursuant to Article 38.Upon termination of an Appointed Actuary, Chunghwa Post shall submit a written statement to the MOTC and the FSC to report the reasons for the termination and appoint a new Appointed Actuary within three months.