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

Article 37

The value of items to be pledged or properties to be mortgaged by a borrower shall 
accurately be determined by Banks based on current price, rate of depreciation 
and saleability.
 

Whenever necessary, the Central Bank of China, in order to control credit, may 
impose a maximum lending rate on loans secured by selected types of items for pledge 
or properties for mortgage.

Article 40
In extending the loans referred to in the preceding two Articles, the procedure 
for repayment in instalments used in medium- or long-term loans shall be applicable. 
The Central Bank of China may, when necessary, regulate and control the terms 
and duration of repayment.