The Financial Institutions Merger Act Article 5
For the merger of Financial Institutions, the institutions to be merged shall jointly apply to the Competent Authority for approval, provided that no merger shall be allowed if the businesses cannot be concurrently operated according to act or regulation.Where a bank in the Banking Enterprise is merged with other Financial Institutions in the Banking Enterprise, the Surviving Institution or Newly Incorporated Institution shall be a bank.Where a securities firm in the Securities and Futures Enterprises is merged with other Financial Institutions in the Securities and Futures Enterprises, the Surviving Institution or Newly Incorporated Institution shall be a securities firm.Where a property insurance company is merged with an insurance cooperative, the Surviving Institution or Newly Incorporated Institution shall be a property insurance company.
中文原文 金融機構合併法第5條
金融機構合併，應由擬合併之機構共同向主管機關申請許可。
但法令規定不得兼營者，不得合併。
銀行業之銀行與銀行業之其他金融機構合併，其存續機構或新設機構應為銀行。
證券及期貨業之證券商與證券及期貨業之其他金融機構合併，其存續機構或新設機構應為證券商。
保險業之產物保險公司與保險合作社合併，其存續機構或新設機構應為產物保險公司。
但法令規定不得兼營者，不得合併。
銀行業之銀行與銀行業之其他金融機構合併，其存續機構或新設機構應為銀行。
證券及期貨業之證券商與證券及期貨業之其他金融機構合併，其存續機構或新設機構應為證券商。
保險業之產物保險公司與保險合作社合併，其存續機構或新設機構應為產物保險公司。