Regulations Governing Institutions Engaging In Credit Card Business Article 16

A credit card business institution that plans to terminate some or all of its credit card businesses shall submit a plan therefor to the Competent Authority to apply for approval.The plan referred to in the preceding paragraph shall contain the following particulars:1. Reasons for not being able to continue a credit card business; and2. A proposal regarding the institution's handling of existing customers' rights/obligations and any alternative services that may by offered.A credit card business institution that plans to suspend some of its issuing businesses, shall submit a plan that describes the proposed measures for protecting the rights and interests of cardholders and the planned duration of suspension to the Competent Authority to apply for approval. Before the credit card business institution subsequently resumes the credit card business, it shall first submit a written report to the Competent Authority for reference.
中文原文 信用卡業務機構管理辦法第16條
信用卡業務機構終止辦理部分或全部之信用卡業務,應檢具計畫書,向主管機關申請核准。
前項計畫書應載明下列事項:
一、擬終止辦理信用卡業務之理由。
二、具體說明對原有客戶權利義務之處理或其他替代服務方式。
發卡機構暫停辦理部分發卡業務,應檢具計畫書,敘明對持卡人權益保護措施與擬暫停之期間,向主管機關申請核准;未來如擬恢復辦理業務,應事先函報主管機關備查。

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