Enforcement Rules of the Personal Property Secured Transactions Act Article 2

The registration authorities for personal property secured transactions as provided in Article 6 of the Act are as follows: 1. For subject properties located within an export processing zone, the Export Processing Zone Administration under the Ministry of Economic Affairs shall be the registration authority. 2. For subject properties located within a science park, the Science Park Bureau under the Ministry of Science and Technology shall be the registration authority. 3. For subject properties located within an agricultural technology park, the agricultural technology park administration agency shall be the registration authority. 4. For power-driven ships of under 20 gross tonnage or non-power-driven ships of under 50 gross tonnage, the Maritime and Port Bureau under the Ministry of Transportation and Communications shall be the registration authority. 5. For automobiles, motorcycles and trailers, the Directorate General of Highways under Ministry of Transportation and Communications shall be the registration authority. 6. For subject properties other than those referred to in the preceding five subparagraphs, if located or registered in a special municipality, the special municipality government shall be the registration authority; if located in an area other than a special municipality, the Ministry of Economic Affairs shall be the registration authority. If the registration authority referred to in subparagraph 1 of the preceding paragraph has a branch office, it may mandate a branch office to handle registration. The registration authority referred to in paragraph 1, subparagraph 5 may delegate a motor vehicle authority in charge of highway supervision to handle registration..