The Privatization of Government-Owned Enterprises Act Article 15

The funds obtained by the government from privatizing a government-owned enterprise shall be handed over to the national treasury as a financial resource for capital expenditures, except that part of the funds may first be appropriated for a special fund.The regulations governing appropriation and use of special fund in the preceding paragraph shall be prescribed by the Executive Yuan. The uses of the special fund shall be as follows:1. To pay the additional six-month salary and the compensation for various losses provided in paragraph 6 of Article 8 and the fees and expenses borne by the government for privatization.2. To finance the shortage caused by the payments made by such government-owned enterprises for privatization.3. To finance the shortage caused by the payments to a government-owned enterprise's employees laid off as a result of any special project prior to privatization and/or in connection with the winding-up of the government-owned enterprise.4. To finance the government's capital plan expenditure.The funds paid and appropriated for the special fund under paragraph 1 of this Article shall not be subject to the restrictions of paragraph 1 of Article 25, paragraph 1 of Article 86, and Article 89 of the Budget Act.