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Laws and Regulations Database of the Central Bank of the Republic of China-Authorized Regulations
[Law Basis] [Print]

Article 1
 These Regulations are specially adopted for the purpose of issuing the currency of the Republic of China ("ROC") by the Central Bank of the Republic of China (Taiwan)("the Central Bank") pursuant to Article 13, Paragraph 1 of the Central Bank of the Republic of China (Taiwan) Act.

Article 2
 The currency of the ROC is the New Taiwan dollar ("NT dollar"), which shall be governed by these Regulations in addition to the provisions of the Central Bank of the Republic of China (Taiwan) Act applicable to the national currency.

Article 3
 The Central Bank may, when necessary, delegate management of matters connected with the issuance of NT dollar to other appropriate banks. Relevant regulations shall be prescribed by the Central Bank.
[Authorized Regulations]
Article 4
 Any holder of NT dollar may purchase foreign exchange in accordance with the
law and regulations governing foreign exchange promulgated by the government.
Limitations on the amount of NT dollar that may be brought into or taken out of
the ROC shall be prescribed and publicly announced by the Central Bank. Application 
shall be made to the Central Bank for approval of any amount in excess of the 
prescribed limits; holders shall be required to show the approval for inspection in 
bringing such amounts in or out.
[Related Regulations] [Related Circulars] [Authorized Circulars]
 NT dollar may not be mailed into or out of the ROC, provided that with approval
by the Central Bank for special cases, this restriction shall not apply.
Article 5
 NT dollar may not be counterfeited, altered, or deliberately damaged; nor
may NT dollar be copied, nor copies thereof be sold or publicly displayed.
NT dollar coinage may not be destroyed with intent of profit. Violators will
be punished under provisions governing interference with the national currency
and other applicable law or regulations.
[Related Regulations]
 For any violation of Article 4 regarding bringing or mailing NT dollar into
or out of the ROC, the portion exceeding the prescribed limits or mailed in
violation of prohibition shall be withdrawn from transportation.

Article 6
 These Regulations shall take force from 1 July 2000.
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