Regulations for the Administration of Hotel Enterprises Article 28-2

When a hotel enterprise is involved in a corporate merger, and the whole of its hotel buildings and equipment are taken into ownership by the surviving company or a newly established company in accordance with the law, the surviving company or newly established company shall apply to the local administrative authority for approval, with presentation of the following documents:1.A record of the shareholders’ meeting and board of directors meeting at which the merger was approved, or shareholders’ letter of consent.2.Proof of the company merger registration and a copy of the merger agreement.3.Documentary proof of the change of registration of land and building ownership.After the application referred to in the preceding paragraph has received approval, the surviving company or newly established company shall, within two months of the approval, effect change of company registration in accordance with the law, and shall apply to the local administrative authority for replacement of the hotel enterprise registration certificate, with presentation of the following documents:1.An application.2.The originally obtained hotel enterprise registration certificate.3.The corporate charter of the surviving company or newly established company, a photocopy of its corporate registration certificate, and a list of its directors and supervisors.The surviving company or newly established company may, with good reason, apply for a two-month extension of the time limit referred to in the preceding paragraph. Such extension may be granted one time only.