The Credit Cooperatives Act Of The Republic Of China Article 22

A credit cooperative shall establish a personnel system to govern appointment and dismissal, promotion and demotion, education and training, performance evaluation, wages and salaries, welfare and benefits, rewards and penalties, job rotation, retirement and pension, etc. It shall also adopt internal rules for personnel management.The rules for personnel management referred to in the preceding paragraph shall be adopted by the general meeting of members, and shall be submitted to the county (city) government for transmission to the Central Competent Authority or submitted to the municipal Competent Authority for review and record before implementation.