Regulation for the Organization and Administration of Agricultural Technology Parks Article 17

Park enterprises that have been granted residency shall post a surety bond , within two (2) months from the next day after their residency has been approved.The amount shall be calculated at the rate of 3?of the total approved capital and shall not be lower than NT$100,000.The payment shall be made in cash, promissory notes or checks issued by financial institutions, certified checks, postal money orders, pledged certificates of deposit by financial institutions, or government bonds.If the resident enterprises fail to complete the company or branch office registration pursuant to Paragraph 2, Article 15 of the Act or fail to pay the surety bond as prescribed in the preceding paragraph, the Administration shall revoke the approval of their residency; for those who do not rent land, factory buildings or business premises and who have posted the surety bond, the surety bond shall be refunded with no interest. However, with justified causes, applications to the Administration for an extension of no longer than three (3) months may be granted.Any Park Enterprises with the Park Enterprise Registration License for less than a year that require further expansion due to business needs shall post a surety bond of 3?of the total approved capital increase.