Regulations Governing Travel Agencies Article 75

A travel agency that meets conditions as specified in item 6 of sub-paragraph 2 of Paragraph 1 of Article 2 of these Regulations may produce documentary proof and apply for the refund of guarantee deposit with the Tourism Administration.In the event that wars, epidemic diseases, or other major disasters have caused severe negative impacts on the operations of a travel agency, the travel agency may apply with the Tourism Administration for a temporary refund of 90% of its guarantee deposit in accordance with the preceding paragraph within one month following the date of such announcement by the Tourism Administration, and shall be exempt from the two-year restriction provision as indicated in item 6 of sub-paragraph 2 of Paragraph 1 of Article 12.A travel agency that has applied for temporary refund of guarantee deposit in accordance with the preceding paragraph shall re-pay the guarantee deposit in accordance with item 1 to item 5 of sub-paragraph 2 of Paragraph 1 of Article 12 within fifteen days following the expiration date of six months after the refund period. The period of applying for the guarantee deposit refund shall be excluded from the two-year period limitation specified in item 2 of subparagraph 2 of Paragraph 1 of Article 12.