Fundamental Science and Technology Act Article 12

For the purposes of improving capabilities in scientific and technological research and development, encouraging outstanding personnel in scientific and technological research and development, enhancing scientific and technological research facilities, subsidizing the use of research and development results, and to facilitate timeliness and maximize effectiveness, the Executive Yuan shall establish the National Science and Technology Development Fund and formulate budgets for the subsidiary units.The National Science and Technology Development Fund shall be used in accordance with the needs of national scientific and technological development and research personnel, shall be evaluated through public procedures, and shall establish a system for assessing effectiveness.