Securities and Exchange Act Article 114

The provisions of Article 53 shall apply mutatis mutandis to directors, supervisors, or managerial officers of a membership stock exchange.The violation of the provisions of the preceding paragraph by any director, supervisor, or managerial officer shall result in their automatic discharge.
中文原文 證券交易法第114條
第五十三條之規定,於會員制證券交易所之董事、監事或經理人準用之。
董事、監事或經理人違反前項之規定者,當然解任。

English translation for reference only; the Chinese text prevails. Not legal advice.