Regulations Governing Counseling on Use of and Compulsory Auction of Private Factories and Relevant Buildings in Science Parks Article 25

If the building owners of private factories and relevant buildings in the parks fail to submit the correction plans or fail to complete the consultation with the Park Bureaus within the time limits as specified in Paragraph 4 of Article 20 of the Act, or have any of the circumstance under Subparagraph 4 of Paragraph 2 of Article 19 of the Act, the Park Bureau may make written disposition of compulsory auction.The written disposition of compulsory auction under the preceding paragraph shall state the following matters:1. Building owners.2. Descriptions of buildings and descriptions of the base lands of the factories and relevant buildings.3. Causes of compulsory auction of factories and relevant buildings.4. Reasonable prices of factories and relevant buildings as determined by appraisal of market prices.5. Expenses paid by the Park Bureaus for the appraisal of market prices.6. The methods, periods and entertaining authorities of the reliefs and other relevant matters if the dispositions are disagreed.If building owners fall in any of circumstances under Subparagraph 4 of Paragraph 2 of Article 19 of the Act, the Park Bureaus shall first order the building owner to transfer their factories and relevant buildings to the park enterprises or research institutes in the parks that have been approved for establishment within six months; and then may make the disposition under Paragraph 1 only if the transfers are not completed within the specified time limit.