Securities and Exchange Act Article 111
If a membership stock exchange expels a member pursuant to the preceding Article, it shall report the expulsion to the Competent Authority for its approval. If the expulsion of the member is approved, the Competent Authority may withdraw the member's special permission for securities firm businesses.
中文原文 證券交易法第111條
會員制證券交易所依前條之規定，對會員予以除名者，應報經主管機關核准；其經核准者，主管機關並得撤銷其證券商業務之特許。