Financial Asset Securitization Act Article 107
Article 41 of the Trust Enterprise Act shall apply mutatis mutandis under any of the following circumstances, when the Trustee engages in the SPT business:1. the Trustee convenes a beneficiaries' meeting in accordance with this Act;2. the Trustee fails to distribute profits timely in accordance with the asset trust securitization plan; or3. other material events sufficient to affect the rights and interests of the beneficiaries occur.If any of the events set forth in t Article 41 of the Trust Enterprise Act or the preceding paragraph occurs when the Trustee engages in the SPT business, the Trust Supervisor shall be notified of such event if the SPT has a Trust Supervisor.Under any of the following circumstances, the SPC shall report to the competent authority, notify the Supervisory Institution, and make an announcement in the daily local newspapers where the principal office of the company is located or through other methods as prescribed by the competent authority within two (2) business days after the occurrence of such event:1. bouncing of checks due to insufficient deposit, rejected account, or other situations losing creditability;2. litigious or non-litigious matters, administrative penalty, or administrative proceedings that have a material impact on the financial condition, or business operation of the company;3. under the circumstance of convening the meeting of the Asset-Backed Security holders in accordance with this Act;4. where the change of the directors/supervisors happens;5. failure to distribute or pay the profits, principal, interest and other proceeds timely in accordance with the asset securitization plan;6. where having the events for dissolution as prescribed in this Act; or 7. under other circumstances sufficient to affect the operation of the SPC or the rights and interests of the Asset-Backed Security holders.
中文原文 金融資產證券化條例第107條
受託機構辦理特殊目的信託業務有下列情事之一者，準用信託業法第四十一條之規定：
一、依本條例之規定召集受益人會議。
二、未依資產信託證券化計畫按時分配信託利益。
三、其他足以影響受益人權益之重大情事。
受託機構辦理特殊目的信託業務有信託業法第四十一條及前項所定之情事者，如特殊目的信託設有信託監察人時，並應通知信託監察人。
特殊目的公司有下列情事之一者，應於事實發生之日起二個營業日內，向主管機關申報及通知監督機構，並應於本公司所在地日報或依主管機關所指定之方式公告：
一、存款不足之退票、拒絕往來或其他喪失債信情事者。
二、因訴訟、非訟、行政處分或行政爭訟事件，對公司財務或業務有重大影響者。
三、有依本條例召集資產基礎證券持有人會議之情事者。
四、董事、監察人發生變動者。
五、未依資產證券化計畫按時配發或償還利益、本金、利息或其他收益者。
六、有本條例所定應予解散事由者。
七、其他足以影響特殊目的公司之營運或資產基礎證券持有人權益之重大情事者。
一、依本條例之規定召集受益人會議。
二、未依資產信託證券化計畫按時分配信託利益。
三、其他足以影響受益人權益之重大情事。
受託機構辦理特殊目的信託業務有信託業法第四十一條及前項所定之情事者，如特殊目的信託設有信託監察人時，並應通知信託監察人。
特殊目的公司有下列情事之一者，應於事實發生之日起二個營業日內，向主管機關申報及通知監督機構，並應於本公司所在地日報或依主管機關所指定之方式公告：
一、存款不足之退票、拒絕往來或其他喪失債信情事者。
二、因訴訟、非訟、行政處分或行政爭訟事件，對公司財務或業務有重大影響者。
三、有依本條例召集資產基礎證券持有人會議之情事者。
四、董事、監察人發生變動者。
五、未依資產證券化計畫按時配發或償還利益、本金、利息或其他收益者。
六、有本條例所定應予解散事由者。
七、其他足以影響特殊目的公司之營運或資產基礎證券持有人權益之重大情事者。