Regulations Governing A Same Person or Same Concerned Party Holding the Issued Shares with Voting Rights over a Particular Ratio of an Insurance Enterprise Article 9

When the same person or the same related party applies to the competent authority according to the provisions of Article 4 or Article 6 herein, the application is deemed to be approved if the competent authority does not object thereto within thirty (30) days from the next day following the receipt of the application documents, unless the application documents are incomplete or other supplemental information or correction is requiredThe preceding paragraph does not apply to the same person or the same related party who applies to the competent authority in accordance with provisions of Article 8 herein.