Regulations Governing the Scope of Business, Restrictions on Transfer of Beneficiary Rights, Risk Disclosure, Marketing, and Conclusion of Contract by Trust Enterprises Article 24

A trust enterprise that conducts non-discretionary money trust or non-discretionary securities trust business shall expressly state the respective fee rates for the remuneration, fees, discounts, or other benefits received from trading counterparties.The trust enterprise shall inform the trustor of the actual fee rates received for the benefits under the preceding paragraph and their annualized rates. With respect to products which are the subject of investment of trust assets on behalf of a non-professional investor, the annualized fee rates for the benefits of the preceding paragraph may not exceed one-half of one percent of the total dollar amount of the assets entrusted for investment in the product; for periods of less than 1 year, the annualized rate shall be calculated on a pro-rata basis to the actual period of investment. If, however, the Regulations Governing Securities Investment Trust Funds, Regulations Governing the Offering of Securities Investment Trust Funds by Securities Investment Trust Enterprises, Regulations Governing Offshore Funds, Regulations Governing Futures Trust Funds, or Regulations Governing Offshore Structured Products provide otherwise, those provisions shall apply.A trust enterprise that conducts money trust or securities trust business in which it has discretion over use of the trust assets shall treat any discount on the service fees or handling fees received from trading counterparties as a reduction in the trustor's transaction cost.