The Act Governing Electronic Payment Institutions Article 21
Specialized electronic payment institutions shall entrust to a trustee in full or obtain a full performance guarantee from a bank for the stored value funds, deducting the required deposited reserve, and funds collected/paid as an agent.A specialized electronic payment institution shall appoint an accountant to conduct quarterly audits of the state of compliance with the preceding paragraph and submit the accountant's audit report to the competent authority for record within one (1) month after the end of each quarter.The term " entrust to a trustee" referred to in Paragraph 1 hereof means entering into a trust deed with the financial institution where it opens the dedicated deposit account to designate the dedicated deposit account as a trust account.The mandatory and prohibitory provisions to be included in the trust agreement shall be prescribed by the competent authority.The provisions of the trust agreement referred to in Paragraph 3 hereof which violate the mandatory and prohibitory provisions announced by the competent authority are invalid. Mandatory provisions announced by the competent authority that are not included in the trust agreement shall still constitute a part of the agreement.The term "full performance guarantee from a bank" referred to in Paragraph 1 hereof means entering into a full performance guarantee agreement with a bank where the bank undertakes the performance guarantee responsibility for the specialized electronic payment institution towards its users.A specialized electronic payment institution shall complete the contract renewal or enter a new contract two (2) months before the expiration of the trust agreement or the performance guarantee agreement and report by letter to the competent authority for record.A specialized electronic payment institution that fails to conform to the preceding paragraph shall not accept new users’ registration, enter into contracts with contracted institutions, or accept more funds from existing users.
中文原文 電子支付機構管理條例第21條
專營電子支付機構對於儲值款項扣除應提列準備金之餘額，併同代理收付款項之金額，應全部交付信託或取得銀行十足之履約保證。
專營電子支付機構應委託會計師每季查核前項辦理情形，並於每季終了後一個月內，將會計師查核情形報請主管機關備查。
第一項所稱交付信託，指與專用存款帳戶金融機構簽訂信託契約，以專用存款帳戶為信託專戶。
前項信託契約之應記載及不得記載事項，由主管機關公告之。
第三項之信託契約，違反主管機關公告之應記載及不得記載事項者，其契約條款無效；未記載主管機關公告之應記載事項者，仍構成契約之內容。
第一項所稱取得銀行十足之履約保證，指與銀行簽訂足額之履約保證契約，由銀行承擔專營電子支付機構對使用者及特約機構之履約保證責任。
專營電子支付機構應於信託契約或履約保證契約到期日二個月前完成續約或訂定新契約，並函報主管機關備查。
專營電子支付機構未依前項規定辦理者，不得受理新使用者註冊、簽訂特約機構及收受原使用者新增之支付款項。
專營電子支付機構應委託會計師每季查核前項辦理情形，並於每季終了後一個月內，將會計師查核情形報請主管機關備查。
第一項所稱交付信託，指與專用存款帳戶金融機構簽訂信託契約，以專用存款帳戶為信託專戶。
前項信託契約之應記載及不得記載事項，由主管機關公告之。
第三項之信託契約，違反主管機關公告之應記載及不得記載事項者，其契約條款無效；未記載主管機關公告之應記載事項者，仍構成契約之內容。
第一項所稱取得銀行十足之履約保證，指與銀行簽訂足額之履約保證契約，由銀行承擔專營電子支付機構對使用者及特約機構之履約保證責任。
專營電子支付機構應於信託契約或履約保證契約到期日二個月前完成續約或訂定新契約，並函報主管機關備查。
專營電子支付機構未依前項規定辦理者，不得受理新使用者註冊、簽訂特約機構及收受原使用者新增之支付款項。