Act Governing Relations with Hong Kong and Macau Article 52

Any party violating orders pertaining to the restrictions or prohibitions on the inflow and outflow of Hong Kong or Macau currency and negotiable instruments to and from the Taiwan Area provided for in Article 33, Paragraph 2, of this Act, shall have the undeclared currency or negotiable instruments confiscated by customs.If orders pertaining to restrictions or prohibitions on the sale, exchange, or other transactions involving Hong Kong and Macau in the Taiwan Area provided for in Article 33, Paragraph 2, of this Act are violated, the currency, securities and other funds involved in such transactions shall be confiscated. If any bank or other institution designated by the Central Bank of China to conduct foreign exchange operations violates said orders, the Central Bank of China shall, according to the severity of the offense, partially or fully suspend the violator's foreign exchange operations for a specified period of time.