Financial Holding Company Act Article 55

Where it is clear that a financial holding company's investment in an investee enterprise jeopardizes the sound operation of such financial holding company's bank, insurance, or securities subsidiary, the competent authority may order the financial holding company, within a prescribed period of time, to dispose of the shares it holds in the investee enterprise, or to reduce the ratio of the shares with voting rights, or capital stock, of the relevant bank, insurance or securities subsidiary held by such financial holding company and the dismissal of directors directly or indirectly elected or designated by such financial holding company to the extent that [ the financial holding company's shareholding] does not meet the provisions of Article 4, Subparagraph 1 of this Act. Paragraph 3 of the preceding Article shall apply thereto mutatis mutandis.The competent authority may, in accordance with Article 27 of the Administrative Execution Act, authorize a third party to dispose of such shares that fail to be disposed within a prescribed time period or appoint a third party to manage them until the financial holding company completes such disposal; the financial holding company shall pay the fees arising therefrom.