Regulations Governing the Organization and Administration of Sinking Fund Established by Electronic Payment Institutions Article 9

A sinking fund management committee for electronic payment institutions (referred to as the "Foundation" hereunder) shall be set up to handle the income, expenditure, custody, and repayment obligations of the Fund. The committee shall regularly disclose the balance and expenditure of the Fund to the electronic payment institutions.When the Foundation decides to draw on the Fund according to the preceding article, it shall first obtain approval of the competent authority before executing its decision.