Enforcement Rule of the Privatization of Government-Owned Enterprises Act Article 9

The price appraisal committee as referred to in Article 7 of the Act shall be formed by representatives from the Ministry of Finance; the Directorate-General of Budget, Accounting and Statistics, Executive Yuan; National Development Council; Ministry of Labor; the competent authority in charge of the enterprises to be privatized, and be convened by the respective competent authorities in charge of the enterprises. In cases where a privatization evaluation of a government-owned enterprise involves an area of expertise, the competent authority of said area of expertise, as well as scholars and experts in that area, shall be solicited for their views.The representatives from the various authorities referred to in the preceding paragraph shall be limited to the incumbent officers of these authorities. The number of representatives from the competent authority in charge of the enterprises shall not exceed half of the total number of the members of the price appraisal committee.The price appraisal committee for the privatization of enterprises owned by a municipal or county (city) government shall be organized ex officio by the respective competent authority in charge of the enterprises and shall apply the preceding two paragraphs.