Standards Governing the Establishment of Securities Investment Trust Enterprises Article 30

A futures trust enterprise applying to concurrently operate securities investment trust business shall have the following qualifications, provided, however, that such an application may not be made if the futures trust enterprise is operated on a concurrent basis by an enterprise in another line of business:1.Has paid-in capital of no less than NT$300 million.2.Has net worth per share of not less than par value, as shown in the CPA-audited and certified financial report for the most recent period.3.Has not, during the last half year, been sanctioned under Article 103, subparagraph 1 of the SITC Act, or Article 100, paragraph 1, subparagraph 1 of the Futures Trading Act.4.Has not, during the last two years, been sanctioned under Article 103, subparagraphs 2 to 5 of the SITC Act, or Article 100, paragraph 1, subparagraphs 2 to 4 of the Futures Trading Act.If a futures trust enterprise has been sanctioned under subparagraph 3 or 4 of the preceding paragraph and has been ordered to achieve improvement, but has failed to effect concrete improvement by the time it applies to concurrently operate securities investment trust business, the FSC may deny its application.