Regulations Governing the Qualifications and Election/Appointment of Membership Representatives, Directors, Supervisors and Managerial Officers of Credit Cooperatives Article 51

If an incumbent managerial officer of a credit cooperative receives a promotion or takes office after the promulgation of these Regulations, the officer shall possess the qualifications set out herein. An officer who is promoted or takes office without possessing the required qualification shall be discharged ipso facto.
中文原文 信用合作社社員代表理事監事經理人應具備資格條件及選聘辦法第51條
信用合作社現任經理人升任或本辦法發布施行後充任者,應具備本辦法所定資格條件,其不具備而升任或充任者,當然解任。

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