The Privatization of Government-Owned Enterprises Act Article 5
Where the competent authority in charge of the enterprises, in view of the situation, consider that there is no more necessity to operate a government-owned enterprise by the government, such government-owned enterprise may be privatized after its privatization plan is submitted to the Executive Yuan for approval.
中文原文 公營事業移轉民營條例第5條
公營事業經事業主管機關審視情勢，認已無公營之必要者，得報由行政院核定後，移轉民營。