Title：Regulations Governing the Administration and Settlement of Renminbi in the Taiwan Area
Announced Date：June 27, 2008
Date：
Chapter 4 Supplemental Provisions
(Illegal Transactions and Illegal Business Practice)
Engaging in the purchase or sale, exchange ,or other transactions of Renminbi in violation of the provisions set forth in the paragraph 4 of Article 3 herein shall result in the confiscation of Renminbi and the equivalent amount in the other currency involved pursuant to paragraph 2, Article 92 of the Act.
A financial institution or a exchange bureau that violates the provisions in the paragraph 4 of Article 3, Article 4, Article 6 or Section 3 herein shall be subjected to fines set forth in paragraph 2, Article 92 of the Act.
(Assistance in Crackdown)
When executing an action according to the provisions in the foregoing article, the Bank may ask for the assistance of the police authorities pursuant to paragraph 3, Article 92 of the Act.
(Date of Implementation)
These Regulations shall be implemented on the date of promulgation.