Act for the Establishment and Administration of the Financial Restructuring Fund Article 9

The Management Committee meeting shall be called and chaired by the Committee Convener. When the convener is unable to perform their duties, the vice-convener shall act on their behalf. When the vice-convener is unable to perform his/her duties, the convener shall designate a Committee member to act on his/her behalf.The Management Committee may notify the Valuation Panel to designate members to participate in the meeting called by the Committee. The resolutions made by the Committee in relation to Article 4, Article 10, and Article 12 shall be submitted in five days to the Legislative Yuan regarding reasons for the resolutions, basis of computing, decisions of the Valuation Panel, along with relevant assessment reports.When handling distressed financial institutions, the Fund shall submit to the Legislative Yuan a report on the financial status, problems, loss estimation, and principles of disposal. The Fund shall also inform the Legislative Yuan in writing before drawing on its budget.