Securities Investor and Futures Trader Protection Act Article 40

An administrative fine of not less than NT$120,000 and not more than NT$600,000 will be imposed for any of the following circumstances:1. Failure to pay or allocate funds required under Article 18, paragraph 1, subparagraphs 1 and 2.2. Violation of Article 37, paragraph 1.Under either circumstance in the preceding paragraph, the competent authority will impose an administrative fine and order compliance within a specified time period. Upon failure to comply by the end of that period, the competent authority may continue to order compliance within specified periods and impose fines of not less than NT$240,000 and not more than NT$1.2 million for each instance of failure until compliance is effected.