Regulations Governing Futures Trust Funds Article 83
The duration of a futures trust fund shall be as stipulated by the futures trust deed.In any of the following circumstances, a futures trust deed shall be terminated after reporting to and receiving approval from the competent authority:1.The futures trust enterprise or fund custodian undergoes dissolution or bankruptcy or its approval is voided or revoked, or its management or custody of the futures trust fund is obviously unsound and the competent authority has ordered that it be replaced, making it unable to continue executing its duties, and there is no other suitable futures trust enterprise or fund custodian to assume the rights and obligations of the original enterprise or custodian.2.A beneficial owners meeting resolves to change to another futures trust enterprise or fund custodian, and there is no other suitable futures trust enterprise or fund custodian to assume the rights and obligations of the original enterprise or custodian.3.The net asset value of the futures trust fund is lower than the standard set by the competent authority.4.The futures trust fund is unable to continue operating because of market conditions, the characteristics or scale of the futures trust fund, or other legal or factual reasons.5.A beneficial owners meeting resolves to terminate the futures trust deed.6.The futures trust enterprise or fund custodian cannot accept the resolution of the beneficial owners meeting, and there is no other suitable futures trust enterprise or fund custodian to assume the rights and obligations of the original enterprise or custodian.7.Other reasons for termination as stipulated by the futures trust deed.When it is desirable to terminate the futures trust deed to protect the public interest or the rights and interests of beneficial owners, the competent authority may order the deed’s termination.When a futures trust deed is terminated because its period of duration has expired, a report shall be filed with the competent authority for recordation within two days from the date of the expiration.A futures trust enterprise shall publicly announce the termination of the futures trust deed within two days from the expiration date of the period of duration or the approval date.
中文原文 期貨信託基金管理辦法第83條
期貨信託基金之存續期間依期貨信託契約之約定。
期貨信託契約有下列情事之一者,應報主管機關核准後予以終止︰一、期貨信託事業或基金保管機構有解散、破產、撤銷或廢止核准之情事,或因對期貨信託基金之經理或保管顯然不善,經主管機關命令更換,致不能繼續執行職務,而無其他適當之期貨信託事業或基金保管機構承受原事業或機構之權利及義務。
二、受益人會議決議更換期貨信託事業或基金保管機構,而無其他適當之期貨信託事業或基金保管機構承受原事業或機構之權利及義務。
三、期貨信託基金淨資產價值低於主管機關所定之標準。
四、因市場狀況、期貨信託基金特性、規模,或其他法律上或事實上原因致期貨信託基金無法繼續經營。
五、受益人會議決議終止期貨信託契約。
六、受益人會議之決議,期貨信託事業或基金保管機構無法接受,且無其他適當之期貨信託事業或基金保管機構承受原事業或機構之權利及義務。
七、其他依期貨信託契約所定終止事由。
基於保護公益或受益人權益,以終止期貨信託契約為宜者,主管機關得命令終止之。
期貨信託契約因存續期間屆滿而終止者,應於屆滿之日起二日內申報主管機關備查。
期貨信託契約之終止,期貨信託事業應於期貨信託契約存續期間屆滿之日或核准之日起二日內公告之。
期貨信託契約有下列情事之一者,應報主管機關核准後予以終止︰一、期貨信託事業或基金保管機構有解散、破產、撤銷或廢止核准之情事,或因對期貨信託基金之經理或保管顯然不善,經主管機關命令更換,致不能繼續執行職務,而無其他適當之期貨信託事業或基金保管機構承受原事業或機構之權利及義務。
二、受益人會議決議更換期貨信託事業或基金保管機構,而無其他適當之期貨信託事業或基金保管機構承受原事業或機構之權利及義務。
三、期貨信託基金淨資產價值低於主管機關所定之標準。
四、因市場狀況、期貨信託基金特性、規模,或其他法律上或事實上原因致期貨信託基金無法繼續經營。
五、受益人會議決議終止期貨信託契約。
六、受益人會議之決議,期貨信託事業或基金保管機構無法接受,且無其他適當之期貨信託事業或基金保管機構承受原事業或機構之權利及義務。
七、其他依期貨信託契約所定終止事由。
基於保護公益或受益人權益,以終止期貨信託契約為宜者,主管機關得命令終止之。
期貨信託契約因存續期間屆滿而終止者,應於屆滿之日起二日內申報主管機關備查。
期貨信託契約之終止,期貨信託事業應於期貨信託契約存續期間屆滿之日或核准之日起二日內公告之。