Regulations Governing The Establishment Criteria and Administration of The Industrial Bank Article 22

Prior to the establishment of an industrial bank, a bank shall be commissioned to collect payment for shares being subscribed and open a segregated account for the to-be industrial bank in the name of Preparation Office.The amount of payment which was mentioned in the preceding Paragraph and is deposited in the segregated account shall not be drawn. This provision does not apply to a to-be industrial bank which has acquired a permit for its establishment and has any of the following circumstances: 1.A full consensus with respect to the agreement that, within the scope of the amount of money paid for the subscription of shares by promoters of the to-be industrial bank, the to-be industrial bank buys fixed assets which are necessary for its operation and pays start-up costs, is reached by promoters, or directors and supervisors elected by the promoters of the said bank or through the founders' meeting.2.A to-be industrial bank makes use on liquid reserve assets regulated by the Central Bank of the Republic of China (Taiwan) after it acquires a company license.
中文原文 工業銀行設立及管理辦法第22條
工業銀行之設立,應委託銀行代收股款,並以籌備處名義開立專戶存儲。
前項專戶存儲之股款,於開始營業前不得動支。
但於取得設立許可後,有下列情形之一者,不在此限:
一、經發起人或創立會選出之董事及監察人全體同意,就發起人所繳股款範圍內購置營業上必要之固定資產及支付開辦費者。
二、取得公司執照後,運用於中央銀行規定之流動準備資產者。

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