Regulations Governing Futures Trust Funds Article 74
When the futures trust deed for a futures trust fund offered to unspecified persons stipulates that beneficial owners are entitled to request redemption of the beneficial certificates, the beneficial owners may request in writing or by other stipulated means that the futures trust enterprise redeem the beneficial certificates, and the futures trust enterprise may not refuse to do so; payment of the redemption price may not be delayed, provided that under any of the following circumstances, and with the permission of the competent authority, this provision shall not apply:1.Futures, securities, OTC, foreign exchange, or other related markets suspend trading for reasons other than regular holidays.2.Normal communications are interrupted.3.Remittance transactions are restricted.4.Other extraordinary circumstances make it impossible to receive redemption requests or to pay redemption prices.The redemption price of the beneficial certificates referred to in the preceding paragraph shall be calculated based on the net asset value of the futures trust fund as of the business day following the receipt of a redemption request by the futures trust enterprise or its fund distributor. When the redemption prices payable exceed the level of assets to be maintained according to the ratio set by Article 50, another method of calculating the redemption price may be adopted in accordance with the futures trust deed.Redemption procedures for futures ETFs may be carried out as stipulated in the futures trust deed without regard for the restrictions of the preceding two paragraphs.Redemption procedures and time periods for payment of redemption prices for futures trust funds offered to persons meeting certain eligibility requirements are as stipulated in the futures trust deed.
中文原文 期貨信託基金管理辦法第74條
對不特定人募集期貨信託基金之期貨信託契約，如載有受益人得請求買回受益憑證之約定者，受益人得以書面或其他約定方式請求期貨信託事業買回受益憑證，期貨信託事業不得拒絕；對買回價金之給付不得遲延。
但有下列情事之一，並經主管機關核准者，不在此限：
一、期貨交易所、證券交易所、證券櫃檯買賣中心、外匯市場或其他相關市場非因例假日而停止交易。
二、通常使用之通信中斷。
三、因匯兌交易受限制。
四、有無從收受買回請求或給付買回價金之其他特殊情事。
前項受益憑證之買回價格，以買回請求到達期貨信託事業或其銷售機構次一營業日之期貨信託基金淨資產價值核算之。
但應給付受益人之買回價金，超過第五十條所定比率應保持之資產者，其買回價格之核算，得另以期貨信託契約訂定之。
指數股票型期貨信託基金之買回程序，得依期貨信託契約之規定辦理，不受前二項規定限制。
對符合一定資格條件之人募集之期貨信託基金，其買回程序及買回價金之給付期限，依期貨信託契約之規定辦理。
但有下列情事之一，並經主管機關核准者，不在此限：
一、期貨交易所、證券交易所、證券櫃檯買賣中心、外匯市場或其他相關市場非因例假日而停止交易。
二、通常使用之通信中斷。
三、因匯兌交易受限制。
四、有無從收受買回請求或給付買回價金之其他特殊情事。
前項受益憑證之買回價格，以買回請求到達期貨信託事業或其銷售機構次一營業日之期貨信託基金淨資產價值核算之。
但應給付受益人之買回價金，超過第五十條所定比率應保持之資產者，其買回價格之核算，得另以期貨信託契約訂定之。
指數股票型期貨信託基金之買回程序，得依期貨信託契約之規定辦理，不受前二項規定限制。
對符合一定資格條件之人募集之期貨信託基金，其買回程序及買回價金之給付期限，依期貨信託契約之規定辦理。