Regulations Governing the Management of Collective Trust Funds Article 10
A trust enterprise's application for public offering and issuance or additional offering of a collective trust fund will be denied approval in case of any of the following circumstances:1. The trust enterprise has been banned by the competent authority to engage in collective trust fund business.2. The competent authority has revoked or voided the public offering and issuance of a collective trust fund by the trust enterprise within the past 6 months, or the trust enterprise has voluntarily canceled the public offering and issuance of a collective trust fund within the past three months.3. Its board of directors has not passed a resolution for the fund offering.4. Any matter contained in the application violates any law or regulation, thereby affecting the public offering and issuance of the collective trust fund.5. Objective facts based on the application documentation show that the trust enterprise does not have the ability to complete the offering plan.6. The application documentation is incomplete or the information contained therein is insufficient and cannot be supplemented, or supplementation is permitted, but fails to be completed by a deadline set by the competent authority.7. The accounting and financial reports have not been prepared in accordance with applicable laws and regulations and generally accepted accounting principles, where serious in nature.8. The trust enterprise has not effectively implemented its internal control or auditing system.9. The trust enterprise records loss for the previous fiscal year after final accounting; provided that this restriction shall not apply to trust enterprises not yet established for two complete fiscal years.10. The trust enterprise has other violation of laws or regulations, the Trust Association's articles of association, code, or resolution, or the collective trust fund agreement, where serious in nature.11. Any other circumstances under which the competent authority deems that approval of the public offering is likely to harm the public interest.
中文原文 共同信託基金管理辦法第10條
信託業申請募集發行或追加募集發行共同信託基金，有下列情形之一者，得不予核准：
一、業經主管機關禁止辦理共同信託基金業務。
二、曾經主管機關廢止或撤銷募集發行共同信託基金未滿六個月或自行取消募集發行共同信託基金未滿三個月。
三、未經董事會決議通過。
四、申請事項有違反法令，致影響共同信託基金之募集發行。
五、依申請書件，有客觀事實證明無達成發行計畫之能力。
六、申請書件不完備或應記載事項不充分，無法補正者，或得予補正經主管機關限期補正屆期未能完成補正。
七、會計及財務報告未依有關法令及一般公認會計原則編製，情節重大。
八、內部控制或稽核制度未有效執行。
九、上年度決算後呈現虧損。
但設立後未滿二個完整會計年度者，不在此限。
十、其他違反法令、同業公會章程、規範、決議或共同信託基金契約之情事，情節重大。
十一、其他主管機關認為核准募集發行有損及公益之虞。
一、業經主管機關禁止辦理共同信託基金業務。
二、曾經主管機關廢止或撤銷募集發行共同信託基金未滿六個月或自行取消募集發行共同信託基金未滿三個月。
三、未經董事會決議通過。
四、申請事項有違反法令，致影響共同信託基金之募集發行。
五、依申請書件，有客觀事實證明無達成發行計畫之能力。
六、申請書件不完備或應記載事項不充分，無法補正者，或得予補正經主管機關限期補正屆期未能完成補正。
七、會計及財務報告未依有關法令及一般公認會計原則編製，情節重大。
八、內部控制或稽核制度未有效執行。
九、上年度決算後呈現虧損。
但設立後未滿二個完整會計年度者，不在此限。
十、其他違反法令、同業公會章程、規範、決議或共同信託基金契約之情事，情節重大。
十一、其他主管機關認為核准募集發行有損及公益之虞。