Divestment of Shares in Terrestrial Television Act Article 4

The supervisory agency shall negotiate with shareholding government agencies, enterprises or institutions in which the government has invested, and the supervisory agency having oversight for legal persons established with government funding, and draft a plan for the divestiture of shares to the Executive Yuan. It shall do the same for revisions.Shareholding government agencies, enterprises or institutions in which the government has invested, and legal persons established with government funding shall divest themselves of shares in accordance with the plan approved by the Executive Yuan.Programming produced and broadcast by privately held terrestrial television enterprises prior to the enactment of the Radio & Television Act are to be treated as cultural assets. Regulations concerning their preservation and use, and the intellectual property rights thereof, are to be determined by the supervisory agency.