Securities Investor and Futures Trader Protection Act Article 11

The protection institution shall have a board of directors comprised of no less than three persons.Directors shall be selected (or appointed) in the following manner:1. Selection by the competent authority from among representatives recommended by the endower(s).2. Appointment by the competent authority of academics, experts, and impartial members of the public who are not representatives of an endower and whose number shall comprise not less than two-thirds of the total number of directors.The term of a director shall be three years. Successive terms may be served pursuant to continued selection or appointment.
中文原文 證券投資人及期貨交易人保護法第11條
保護機構應設董事會,置董事三人以上。
董事依下列方式遴選(派)之:
一、主管機關自捐助人推派之代表中遴選。
二、主管機關指派非捐助人代表之學者、專家、公正人士,其人數不得少於董事總額三分之二。
董事之任期三年,連選(派)得連任。

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