Regulations Governing the Qualifications and Election/Appointment of Membership Representatives, Directors, Supervisors and Managerial Officers of Credit Cooperatives Article 6

A director or supervisor candidate shall meet the following criteria:1.Having at least two years of membership, unless the credit cooperative has undergone reorganization and the exception is approved by the central competent authority;2.Having graduated from a high school or higher, or an equivalent, or having passed the civil service junior examination, or having served in the position of director, supervisor or assistant manager or higher at a financial institution with proof;3.The amount of share capital subscribed in the past year was maintained above the level of NT$500,000 or the net deposit less deposit-pledged loans at the cooperative maintained a daily balance of at least NT$500,000 in the past year;4.A director of credit cooperative must have been relieved from office for at least three years and be free of liability pursuant to Article 18 of the Act to be eligible for the election of supervisor;5.A supervisor candidate must have taken accounting courses or engaged in accounting work for at least one year, or having served in the position of supervisor of a financial institution with proof; and6.Meeting the criteria set forth in the articles of incorporation.