Title：
Regulations Governing High-Priced Housing Loans Extended by Financial Institutions
Inactive Regulations
(Definitions)
2. The terms used in the Regulations shall have the following meanings:
(1)"Financial institutions" shall include domestic banks, branches of foreign banks in Taiwan, credit cooperatives, Agricultural Bank of Taiwan, credit departments of farmers' associations, credit departments of fishermen's associations, Chunghwa Post Co., Ltd., and insurance companies.
(2) "High-priced housing loan” shall mean a mortgage extended by a financial institution to a borrower for purchasing any of the following types of house (land included) where the title deed of the house contains the wording “residential”:
a. The house is located in Taipei City with an appraised value or purchase price of NT$70 million or more;
b. The house is located in New Taipei City with an appraised value or purchase price of NT$60 million or more; or
c. The house is located in an area within Taiwan other than Taipei City and New Taipei City with an appraised value or purchase price of NT$40 million or more.
(3) "Borrower" shall mean an individual or a corporate body.