Securities Investment Trust and Consulting Act Article 16
No person may, themself or as an agent, engage within the Republic of China in the public offer, sale, or investment consultancy of offshore funds without first obtaining approval from the Competent Authority or effective registration upon filing with the Competent Authority.Private placement of offshore funds shall comply with the provisions of Article 11, paragraphs 1 to 3, and may not involve any act of general advertising or public solicitation. If those provisions are not complied with, it shall be deemed a public offering of offshore funds; the same restriction shall apply to any act of general advertising or public solicitation in respect of investment consultancy for offshore funds.Securities investment trust enterprises, securities investment consulting enterprises, securities firms, issuers of offshore funds and institutions designated thereby, and other institutions designated by the Competent Authority may engage in the business specified in paragraph 1 within the Republic of China; the Competent Authority shall prescribe regulations governing related qualifications and conditions, application or filing procedures, business items that may be engaged in, and other compliance requirements.The Competent Authority shall prescribe regulations governing the types, investment or trading scopes, and restrictions thereupon, of offshore funds that may be publicly offered, sold, or addressed in investment consulting within the Republic of China by persons, themselves or as agents, and the relevant application or filing procedures and other compliance requirements.If the public offer or sale of offshore funds within the Republic of China by a person, themself or as an agent, under paragraph 1, involves inward or outward remittance of funds, approval shall be obtained from the Central Bank.
中文原文 證券投資信託及顧問法第16條
任何人非經主管機關核准或向主管機關申報生效後，不得在中華民國境內從事或代理募集、銷售、投資顧問境外基金。
境外基金之私募，應符合第十一條第一項至第三項規定，並不得為一般性廣告或公開勸誘之行為。
不符合規定者，視為募集境外基金；境外基金之投資顧問為一般性廣告或公開勸誘之行為者，亦同。
證券投資信託事業、證券投資顧問事業、證券商、境外基金發行者與其指定之機構及其他經主管機關指定之機構，得在中華民國境內從事第一項所定業務；其資格條件、申請或申報程序、從事業務之項目及其他應遵行事項之辦法，由主管機關定之。
在中華民國境內得從事或代理募集、銷售、投資顧問境外基金之種類、投資或交易範圍與其限制、申請或申報程序及其他應遵行事項之辦法，由主管機關定之。
在中華民國境內從事或代理募集、銷售第一項境外基金，涉及資金之匯出、匯入者，應經中央銀行同意。
境外基金之私募，應符合第十一條第一項至第三項規定，並不得為一般性廣告或公開勸誘之行為。
不符合規定者，視為募集境外基金；境外基金之投資顧問為一般性廣告或公開勸誘之行為者，亦同。
證券投資信託事業、證券投資顧問事業、證券商、境外基金發行者與其指定之機構及其他經主管機關指定之機構，得在中華民國境內從事第一項所定業務；其資格條件、申請或申報程序、從事業務之項目及其他應遵行事項之辦法，由主管機關定之。
在中華民國境內得從事或代理募集、銷售、投資顧問境外基金之種類、投資或交易範圍與其限制、申請或申報程序及其他應遵行事項之辦法，由主管機關定之。
在中華民國境內從事或代理募集、銷售第一項境外基金，涉及資金之匯出、匯入者，應經中央銀行同意。