Regulations Governing Approval and Administration of Short-term Bills Clearing and Depository Organizations Article 49

Regulations in this Chapter shall not apply in cases where the role of the short-term bills clearing and depository organization is filled by a surviving institution as a result of a merger, except in cases where the responsible person is the head of the department operating the businesses of a short-term bills clearing and depository organization.
中文原文 短期票券集中保管結算機構許可及管理辦法第49條
短期票券集中保管結算機構因合併由存續機構擔任者,其負責人除屬辦理短期票券集中保管結算機構業務部門之負責人外,不適用本章之規定。

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