Securities Investment Trust and Consulting Act Article 83

When a securities investment consulting enterprise accepts a mandate from a customer to provide analysis, opinions, or recommendations regarding matters relating to investment or trading in securities, it shall enter into a written securities investment consulting contract setting forth the rights and obligations of both parties.A customer may terminate a contract under the preceding paragraph by giving written notice within seven days from the date of receiving the written contract.A declaration of intention to terminate a contract under the preceding paragraph shall take effect from the time it reaches the securities investment consulting enterprise.When a contract is terminated under paragraph 2, the securities investment consulting enterprise may demand commensurate compensation from the customer for services provided before the termination of the contract, but it may not demand any damages or penalty for the termination of the contract.The required content of securities investment consulting contracts under paragraph 1 shall be prescribed by the Competent Authority. The Securities Investment Trust and Consulting Association shall draft a template for the contract and submit it to the Competent Authority for ratification; the same shall apply to any amendments thereto.