Financial Asset Securitization Act Article 47
The Trustee shall not resign without a resolution of a beneficiaries' meeting, provided that the Trustee may apply to the court for approval for his/her resignation if there are reasons beyond control.When the Trustee violates the laws, regulations, or the SPT contract, breaches his/her duties or has other significant reasons, the beneficiaries may remove the Trustee pursuant to a resolution of a beneficiaries' meeting, or the court may remove the Trustee upon application by the beneficiaries holding over ten (10) percent of the total Principal Holding.In the situations described in the preceding two paragraphs, unless otherwise provided in the SPT contract, a successor Trustee may be appointed with the resolution of a beneficiaries' meeting, or the court may appoint a successor Trustee upon application by the beneficiaries holding over ten (10) percent of the total Principal Holding.The resolution referred to in paragraphs 1 and 2 hereof requires a quorum of beneficiaries holding at least one-half of all voting rights and shall be adopted by two-thirds of all votes present.
中文原文 金融資產證券化條例第47條
受託機構非經受益人會議之決議,不得辭任。
但有不得已之事由時,得聲請法院許可其辭任。
受託機構違反法令或特殊目的信託契約、違背其職務或有其他重大事由時,受益人會議得決議將其解任;法院亦得因持有本金持分總數十分之一以上受益人之聲請將其解任。
前二項情形,除特殊目的信託契約另有約定外,受益人會議得指定新受託機構;法院亦得因持有本金持分總數十分之一以上受益人之聲請,選任新受託機構。
第一項及第二項之決議,應有表決權總數二分之一以上受益人之出席,出席受益人表決權三分之二以上之同意行之。
但有不得已之事由時,得聲請法院許可其辭任。
受託機構違反法令或特殊目的信託契約、違背其職務或有其他重大事由時,受益人會議得決議將其解任;法院亦得因持有本金持分總數十分之一以上受益人之聲請將其解任。
前二項情形,除特殊目的信託契約另有約定外,受益人會議得指定新受託機構;法院亦得因持有本金持分總數十分之一以上受益人之聲請,選任新受託機構。
第一項及第二項之決議,應有表決權總數二分之一以上受益人之出席,出席受益人表決權三分之二以上之同意行之。