The Financial Institutions Merger Act Article 7
After the merger is approved by the Competent Authority, if the Financial Institution becomes non-compliant with laws and regulations due to the merger, the Competent Authority shall order it to make adjustments within a time limit.The maximum adjustment period related to the merger of Financial Institutions in the same category of business referred to in the preceding paragraph shall be two years. But for Financial Institutions that become non-compliant with other laws and regulations with respect to credit to related parties, or credit to the same person, the same related party, or the same affiliate due to a merger, the maximum adjustment period shall be five years. When necessary, an extension may be applied once, and the period shall be limited to two years.
中文原文 金融機構合併法第7條
金融機構經主管機關許可合併後,因合併而有不符法令規定者,主管機關應命其限期調整。
前項同一業別金融機構合併時,調整期限最長為二年。
但金融機構因合併而不符其他法令有關關係人授信或同一人、同一關係人或同一關係企業授信規定者,調整期限最長為五年。
必要時,均得申請延長一次,並以二年為限。
前項同一業別金融機構合併時,調整期限最長為二年。
但金融機構因合併而不符其他法令有關關係人授信或同一人、同一關係人或同一關係企業授信規定者,調整期限最長為五年。
必要時,均得申請延長一次,並以二年為限。