Special Act for Post-Disaster Recovery and Reconstruction Following Typhoon Danas and the July 28 Torrential Rainfall Article 5

The funding required under this Act shall be capped at NT$60 billion, and relevant plans may be formulated and special budgets may be prepared in phases in light of changes in circumstances; the preparation and implementation of such budgets shall not be subject to the restrictions stipulated in Article 23, Article 62, and Article 63 of the Budget Act.The sources of the funding required under the preceding paragraph may be financed by reallocating surplus from previous years or by borrowing; the annual borrowing limit each year shall not be subject to the restrictions stipulated in Article 5, Paragraph 7 of the Public Debt Act. The total borrowing limit for the general budget and special budget of the central government during the implementation period of this Act shall not exceed 15% of the total annual expenditures of the general budgets and special budgets of the central government for the same period.During the implementation period of this Act, the budgeted outstanding balance of public debts borrowed by the central government for more than one year shall be handled in accordance with Article 5, Paragraph 1 of the Public Debt Act.The central government may provide subsidies upon verification for the funds required by local implementing authorities to carry out the matters under this Act and the Disaster Prevention and Protection Act. The central implementing authorities may also agree that the local governments receiving the subsidies may implement them through a collection and payment arrangement.To meet the urgent needs of disaster relief and recovery and reconstruction work in disaster affected areas, the central implementing authorities may, after reporting to and obtaining the approval of the Executive Yuan, make partial payments prior to the completion of statutory procedures for the special budget referred to in the first paragraph, and shall submit such payments to the Legislative Yuan for reference.Funds subsidized by the central government to the local implementing authorities shall be used by the local implementing authorities in accordance with the purpose and projects of the subsidy and shall not be diverted for other uses.