The Central Bank of the Republic of China (Taiwan) Act Article 23

The Bank shall receive and keep reserves against deposits and other liabilities of financial institutions which are regulated by the Banking Act, and may, at its discretion, adjust various deposit and other liability reserve ratios under the following maximum limits in accordance with the regulation governing adjustment and audit thereof, which shall be prescribed by the Bank:1. Checking deposits: 25%2. Demand deposits: 25%3. Savings deposits: 15%4. Time deposits: 15%5. Other liabilities: 25%The scope of aforesaid other liabilities shall be prescribed by the Bank.The Bank may, whenever necessary and from a specific date, impose on the increment of the checking deposits, demand deposits and other liabilities, a marginal reserve ratio which shall not be bound by the maximum limits on paragraph 1 of this Article.The Bank may charge the financial institutions having insufficient reserves, on the portion of the shortfall, a penalty interest rate not higher than two times of that prescribed in Article 21 on unsecured temporary accommodations as stated in subparagraph 2, paragraph 1 of Article 19.