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

(Financing Basis)
1.The Central Bank of the Republic of China (Taiwan)(hereafter referred to as "the 
　Bank"), pursuant to the provisions of Article 31 of the Deposit Insurance Act, has 
　prescribed these Directions for the processing of special financial accommodation 
 （hereafter referred to as "accommodation"） to the Central Deposit Insurance 
　Corporation ("the CDIC").

(Reasons of Accommodation)
2.In any action taken by the CDIC pursuant to Article 28 to Article 30, and Paragraph
　2 Article 41 of the Deposit Insurance Act, the CDIC may ask the Financial 
　Supervisory Commission (the FSC) to negotiate with the Bank so as 
　to receive its approval and obtain accommodation.

(Amount of Accommodation)
3.The CDIC shall weigh and consider its own funding situation and the actual funding 
　requirements of individual cases when submitting requests to the FSC to arrange 
　for approval of the amount of accommodation from the Bank.

(Term of Accommodation)
4.The CDIC shall submit requests to the FSC to arrange for the Bank’s approval of 
　the term of accommodation based on the progress of each individual case.

(Interest Rate)
5.The financing interest rate shall be charged at a floating rate based on the 
　weighted average interest rate on new loans set by five leading banks as announced 
　by the Bank at the time the accommodation is allocated.

(Procedures of Accommodation)
6.The FDIC may provide government bonds,  Certificates of Deposit of the Bank and 
　other eligible collaterals to apply for accommodation from the Bank. If the 
　aforesaid accommodation exceeds the amount of collateral provided by the CDIC, 
　the FSC shall, together with the Ministry of Finance and the Bank, submit to the 
　Executive Yuan for National Treasury guarantee. After its approval, the 
　accommodation shall be guaranteed by the National Treasury.

(Allocation and Repayment)
7.Upon the Bank’s  approval of accommodation, the CDIC shall execute an agreement 
　with the Bank and stipulate that the Bank shall allocate the funds to the CDIC 
　account at the Department of Banking of the Bank, or into an account designated by 
　the CDIC. The Bank shall deduct repayments from the CDIC account at the Department 
　of Banking of the Bank on maturity date.In the event that the CDIC recovers the 
　aforesaid funds prior to the maturity date, the CDIC shall promptly repay the Bank.