Financial Technology Development and Innovative Experimentation Act Article 15

In case any of the following situations arise during the innovative experimentation period, the competent authority may revoke the approval for the innovative experimentation:1. The innovative experimentation involves a situation that is materially adverse to the financial market or the interests of participants.2. The innovative experimentation outsteps the scope approved by the competent authority or violates the additional requirements and obligations set by the competent authority.3. The applicant fails to comply with Paragraph 1 of the preceding article and fails to take remedial action within the given time period as ordered by the competent authority.When the competent authority revokes the approval pursuant to the preceding paragraph, the competent authority shall disclose the date of the revocation and reasons therefor on its website.
中文原文 金融科技發展與創新實驗條例第15條
辦理創新實驗期間有下列情形之一者,主管機關得廢止創新實驗之核准:
一、創新實驗有重大不利金融市場或參與者權益之情事。
二、創新實驗逾越主管機關核准之範圍或違反其附加之負擔。
三、未遵守前條第一項規定,經主管機關命其限期改善而未改善。
主管機關依前項規定廢止核准者,應將廢止核准日期及原因揭露於機關網站。

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