Regulations Governing The Recognition Of An Impartial Third Party And Its Public Auction Procedure Article 6

A recognized impartial third party should only conduct those businesses listed below: 1.Pursuant to Article 11, Paragraph2 of the Act, it will be entrusted by financial institutions or transferees of financial institution's non-performing loan to handle the public auction of real estate which serve as collateral to financial institutions; 2.Pursuant to Article 11, Paragraph 4 of the Act, it will be entrusted and supervised by the court to handle compulsory execution cases as applied by financial institutions or transferees of financial institution's non-performing loan; 3.The appraisal of monetary assets of financial institutions; 4.Other businesses as may be approved by the governing body.