Financial Asset Securitization Act Article 108

Any of the following events shall be subject to an administrative fine of not less than Two Million New Taiwan Dollars (NT$2,000,000) and not more than Ten Million New Taiwan Dollars (NT$10,000,000):1. violation of Article 11, paragraph 1 hereof;2. violation of Article 14 hereof;3. the Trust Supervisor fails to attend a beneficiaries' meeting without justified reasons, in violation of Article 23, paragraph 2 hereof;4. the Trust Supervisor fails to attend a meeting of certain types of beneficiaries without justified reasons, in violation of Article 26, paragraph 4 hereof;5. violation of Article 28, paragraph 2 hereof;6. a person serves as a Trust Supervisor, in violation of Article 30 hereof;7. the Trust Supervisor refuses to exercise its rights for the beneficiaries without justified reason, in violation of Article 31, paragraph 2 hereof;8. violation of Article 87 hereof; or9. violation of Article 101 hereof referring to the mutatis mutandis application of Article 11 paragraph 1 hereof.
中文原文 金融資產證券化條例第108條
有下列情事之一者,其行為負責人處一年以上七年以下有期徒刑,得併科新臺幣一千萬元以下罰金:
一、非第四條第二項規定之受託機構而擔任受託機構,且發行受益證券。
二、違反第九條第二項規定,受託機構未經主管機關核准或向主管機關申報生效,而發行受益證券。
三、違反第七十三條第二項規定,未經主管機關核准或向主管機關申報生效,而發行資產基礎證券。

English translation for reference only; the Chinese text prevails. Not legal advice.