Radio and Television Act Article 44-1

Those that have received permission to establish radio/television businesses may have the said permits annulled by the regulatory agency in the event of one of the following:Serious violation of Paragraph 2 of Article 10-1Failure to apply for a station installation permit within six months of obtaining the establishment permit, obtain a station license within the period of validity of the station installation permit, or apply for a radio/television operating license within six months of obtaining the station licenseRejection of the application for a radio/television operating license by the regulatory agencyChange in the share subscriptions by promoters aggregating over 50 percent of the paid-in capital specified in the application for establishmentTotal assets donations received or paid-in capital is lower than specified in the application for radio/television station establishment
中文原文 廣播電視法第44-1條
申請設立廣播、電視事業者,於許可設立後,有左列情形之一者,主管機關得廢止其許可:
一、違反第十條之一第二項規定,情節重大者。
二、未於取得設立許可六個月內申請電臺架設許可證、未於電臺架設許可證有效期限內取得電臺執照或未於取得電臺執照六個月內申請廣播或電視執照者。
三、申請廣播或電視執照,經主管機關駁回者。
四、發起人所認股數變動達設立許可申請書所載預定實收資本額百分之五十以上者。
五、捐助財產總額或實收資本額低於廣播、電視設立申請書所載者。

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