Financial Asset Securitization Act Article 92

The SPC shall prepare an annual report at the end of each fiscal year, register the operational and financial reports audited by the company's supervisor to the competent authority and deliver such reports to the Supervisory Institution within fifteen (15) days after the same is approved by the board of directors meeting.If the SPC issues Asset-Backed Securities through a public offering, Article 36 of the Securities and Exchange Act shall apply to the registrations and announcements. The scope of application of the aforesaid Article shall be prescribed by the competent authority.When the SPC issues Asset-Backed Securities to specific people, the SPC shall deliver financial reports to the Asset-Backed Security holders in accordance with the investment memorandum. When the Assets are transferred to the SPC in accordance with the asset securitization plan, if the accounting thereof complies with Article 83, paragraph 2 hereof, Article 369-12, paragraphs 1 and 2 of the Company Act shall not apply to the SPC and its parent company.