Laws and Regulations Database of the Central Bank of the Republic of China(Taiwan)

Chapter I　　General Provisions

Article 1
　The Central Bank of the Republic of China (Taiwan) (hereafter called the Bank)
shall be a government bank and an agency under the Executive Yuan.

Article 2

　The objectives of the Bank's operations shall be:

　1. To promote financial stability;

　2. To guide sound banking operations;

　3. To maintain the stability of the internal and external value of the
　　　currency;

　4. To foster economic development within the scope of the above
　　　objectives.

Article 3
 The Bank shall have its Head Office at the seat of the Central Government 
and may establish domestic branch offices and representative offices; and, 
if necessary, may establish representative offices overseas. The establishment 
and dissolution of branch offices and representative offices shall be 
authorized by the Board of Directors and reported to the Executive Yuan 
for approval.

Article 4
　The capital of the Bank shall be appropriated from the National Treasury.
　It shall be fully owned by the Central Government and nontransferable.