The preparation and submission of the annual budget for cultural foundations shall follow the regulations below:1. Cultural juridical persons established with donations from the government shall prepare a budget in the format prescribed by the Ministry (see Appendix 2) five months prior to the beginning of each fiscal year (i.e., before the end of July each year.) The budget must be approved by the board of directors and submitted to the Ministry of Culture for forwarding to the Legislative Yuan for review.2. Cultural foundations funded by privates:(1) Shall, within one month after the beginning of each fiscal year (i.e., before the end of January each year), prepare an annual work plan, a budget statement, and other necessary explanatory documents. These documents shall be approved by the board of directors and submitted to the Ministry of Culture for record.(2) If the total registered assets with the court reach amount of NT$100 million, or the annual revenue for the year reaches amount of NT$10 million, the documents mentioned in the preceding paragraph shall be prepared in the format prescribed by the Ministry of Culture (see Appendix 3). For foundations not reaching the aforementioned thresholds, the prescribed format may be used as a reference.[Appendix 2] Budget Report Format for Juridical Persons Established with Donations from the Government.pdf[Appendix 3].pdf