Regulations Governing Offshore Funds Article 2-1

The FSC may commission the Taiwan Depository and Clearing Corporation to handle offshore fund offering and sale cases under Article 27, and to prescribe the format of the documents under Article 58.When the Taiwan Depository and Clearing Corporation has been commissioned by the FSC to handle a case under the preceding paragraph, if after an application has been approved or registration has become effective it subsequently is discovered that there exists a ground for voidance or revocation of the approval or effective registration as set out in these Regulations, the FSC may order the commissioned institution to void or revoke the approval or effective registration.