In case of any of the following situations, the Executive Yuanmay decide and announce with a public notification to close the foreign exchange market, suspend or restrict all or some foreign exchange settlements, order the selling or deposit of all or some types of foreign exchange into an authorized bank, or take other necessary measure for a specific time period:
1.When the domestic or foreign economic disorder might endanger the stability of the domestic economy.
2.When this country suffers a severe balance of payments deficit.
The items and targets of aforesaid action shall be specified in Regulations Governing Foreign Exchange Control stipulated by the Executive Yuan.
The aforesaid decision shall be submitted to the Legislative Yuan for acceptance within ten days after it is announced and shall become invalid once the Legislative Yuan rejects it.