Regulations Governing Permission of Insurance Business Transactions and Investment Between the Taiwan Area and the Mainland Area Article 24

A Taiwan-area insurance agent company, insurance broker company, or insurance surveyor company shall apply to the Competent Authority for approval before the working capital or the capital of its branch or subsidiary in Mainland Area is increased or decreasedA Taiwan-area insurance agent company, insurance broker company, or insurance surveyor company shall submit relevant documents to the Competent Authority for approval before it transfers its shareholding in its subsidiary in Mainland Area to others.When its branch or subsidiary in Mainland Area has any of the following situations, a Taiwan-area insurance agent company, insurance broker company, or insurance surveyor company shall submit the following documents to the Competent Authority for approval in advance:1. Changing the responsible person.2. Merging, transferring, or assuming all or an essential part of assets or business of another financial institution.3. Issuing equity-based securities.4. Dissolution or suspension of business.5. Changing the name of branch or subsidiary.
中文原文 臺灣地區與大陸地區保險業務往來及投資許可管理辦法第24條
臺灣地區保險代理人公司、保險經紀人公司及保險公證人公司於大陸地區設立之分公司或子公司增減營運資金或資本前,應報經主管機關許可。
臺灣地區保險代理人公司、保險經紀人公司及保險公證人公司持有大陸地區子公司之股權讓與他人時,應於事前檢具相關資料報經主管機關許可。
大陸地區子公司或分公司有下列情形之一者,臺灣地區保險代理人公司、保險經紀人公司及保險公證人公司,應於事前檢具相關資料報經主管機關許可:
一、負責人變動。
二、與其他金融機構合併、讓與或受讓全部或重要部分之資產或營業。
三、發行具有股權性質之有價證券。
四、解散或停止營業。
五、變更名稱。

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