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

Title:Related Law: Articles 43, 47, 139 of The Banking Act of The Republic of China

Date:October 30, 1992

Article 43

In order to assure that a Bank maintains adequate liquidity, the Central Bank of China, after consultation with the Central Competent Authority, may from time to time prescribe a minimum ratio between the current assets of the Bank and the Bank's various liabilities. Upon a Bank's failure to comply with said minimum ratio, the Central Competent Authority shall notify the Bank to make due adjustment within a specified period of time.

Article 47

In order to make reserves mutually available and to increase the availability and efficiency of credit, Banks may prescribe rules and regulations regarding the formation of an interbank organization to provide mutual support.

Article 139

The provisions of this Act shall also apply to those Banks or financial institutions established under other laws, unless such laws provide otherwise.

Administrative rules governing the aforesaid financial institutions shall be as stipulated by the Executive Yuan.