The Act Governing Bills Finance Business Article 65

If the responsible person(s) or staff member(s) of a Bills House or its related party(ides) commit any of the following acts in the situation where the Competent Authority has ordered him/her/it to submit a financial statement, report or other related documents within a prescribed period of time pursuant to Article 44 of this Act, or dispatches officials, mandates appropriate institutions or designates professional and technical persons to inspect the business, financial condition, and other related matters pursuant to Article 45 of this Act, the Bills House or its related party(ies) shall be punishable by a fine of not less than two million New Taiwan Dollars (NT$2,000,000) and not more than twenty million New Taiwan Dollars (NT$20,000,000):1. Refusing to be investigated or refusing to open the vault or other storage facilities;2. Concealing or destroying books and documents related to business or financial conditions;3. Refusing to answer without justifiable reasons or falsely answering inquiries of the investigator;4. Failing to timely, honestly or completely provide financial statements, reports or documents required by the Competent Authority, or to pay investigation fees within the time period(s) specified therefor.The responsible person and staff member(s) of the Short-Term Bills central custody, account, and settlement institutions who commit any of the acts referred to in the preceding paragraph, Items 1 through 4 shall be punishable in accordance with the preceding paragraph.