Regulation on the Performance Evaluation of State-Owned Enterprises Article 5

The evaluation of state-owned enterprises shall be conducted in three steps, including self-evaluation, preliminary evaluation, and final evaluation; procedures and deadlines shall be as follows:1. State-owned enterprises shall conduct self-evaluation at the end of the year in accordance with matters stipulated in paragraph 1 of Article 3. A self-evaluation report shall be submitted to the competent authorities with the annual financial statements for the same year prior to February 25th of the following year, and hard copies shall be sent to related departments of the Executive Yuan, the Directorate-General of Budget, Accounting and Statistics, the Directorate-General of Personnel Administration, and the NDC. The only exception is the Central Bank of the Republic of China (Taiwan), which shall submit the self-evaluation report directly to the Executive Yuan.2. When conducting the performance evaluation of state-owned enterprises, the competent authorities shall include evaluation comments and complete the preliminary evaluation based on the self-evaluation report stipulated in the preceding subparagraph and other related information; the competent authorities shall then submit the preliminary evaluation report, including the performance grade stipulated in Article 9, to the Executive Yuan before March 31 of the following year for final evaluation.3. After receiving the preliminary evaluation results from the competent authorities as stipulated in the preceding subparagraph, the Executive Yuan shall complete the final evaluation within 3 months, taking into consideration other evaluation information, and submit the final evaluation report to the President.