Agricultural Finance Act Article 48

If the central authorities, according to Article 7 hereof, dispatch a representative or entrust an expert and technician staff to examine the business, finance or any other aspect of the Agricultural Bank of Taiwan, or require that other related parties of the Bank submit real financial reports, property lists or other documents and reports, the Agricultural Bank of Taiwan, the responsible person of the related parties ,or the employees of the Agricultural Bank of Taiwan shall be fined no less than two million (2,000,000) and no more than ten million (10,000,000) New Taiwan Dollars in any of the following situations:1. Refuse to be inspected or reject to open up the treasury or others.2. Conceal or destroy accounting books involving business or financial conditions.3. Reject to answer the inquiry from the inspectors without any appropriate cause or provide false answers.4. Delay to submit financial reports, property list or any other related data and report, submit false or incomplete documents or fail to pay fees for examinations and audits within specified period of time.If the credit department, the responsible person of other related parties, or the employees of the credit department violates any subparagraph of the preceding paragraph, such credit department or persons shall be fined no less than one hundred fifty thousand (150,000) and no more than one million eight hundred thousand (1,800,000) New Taiwan Dollars.