Deposit Insurance Act Article 46

Should any of the following events occur in an insured institution, the CDIC shall report it to the competent authority to penalize the insured institution with a fine of not less than 1,000,000 NT dollars and not more than 5,000,000 NT dollars.1. Failure to comply with Article 19 but distribute remuneration, stock dividends, or bonuses before completing the payment of insurance premiums.2. Failure to establish electronic data files or provide the electronic data or files to the CDIC according to Paragraph 1 of Article 22 or Article 23, or provide data or files with a serious counterfeit.3. Evading, hindering, or refusing an inspection conducted by the CDIC stipulated in Paragraph 1 or Paragraph 2 of Article 24.Upon the imposition of a penalty in the form of a fine under the preceding Paragraph, the competent authority may issue a corrective order within the stipulated timeframe and may further impose an additional fine of one to five times the original penalty for the same facts or actions if the said insured institution fails to comply with such order.