Regulations Governing the Business of Negotiable Instruments Exchange and Clearance of Accounts among Banks Article 3

Institutions that engage in the business of negotiable instruments exchange and clearance of accounts among banks shall be called clearinghouses. A clearing house shall be a foundation and established with the approval of the Central Bank of the Republic of China (Taiwan)(hereafter referred to as “the Bank”).
中文原文 票據交換及銀行間劃撥結算業務管理辦法第3條
辦理票據交換及銀行間劃撥結算業務之機構為票據交換所;其設立應經中央銀行(以下稱本行)許可,並成立財團法人。

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