Securities and Exchange Act Article 59

From the date a securities firm obtains its securities business license or a branch thereof obtains permission and registration, if the securities firm or branch fails to commence operations within three months or after commencing operations voluntarily suspends business for three consecutive months or longer, the Competent Authority may withdraw its special permission or permission.The securities firm, if it has good cause, may apply to the Competent Authority for an extension of the time limit referred to in the preceding paragraph.
中文原文 證券交易法第59條
證券商自受領證券業務特許證照,或其分支機構經許可並登記後,於三個月內未開始營業,或雖已開業而自行停止營業連續三個月以上時,主管機關得撤銷其特許或許可。
前項所定期限,如有正當事由,證券商得申請主管機關核准延展之。

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