Title：
Regulations Governing Foreign Exchange Business of Insurance Enterprises
Inactive Regulations
(Receipt, Payment and Exchange Settlement of Funds)
Where insurance policies use foreign currency for receipt and payment, the relevant funds may not be received and paid with New Taiwan dollars, and the relevant settlement matters shall be handled by the proposer or the beneficiary of the insurance policy with banking enterprises in accordance with the “Regulations Governing the Declaration for Foreign Exchange Receipts and Disbursements or Transactions”; provided, that when investment-linked annuity insurance transforms into a general account spot annuity insurance at the expiration of the accumulated period , it may pay the annuity in New Taiwan dollars, and the insurance enterprises shall settle in accordance with the “Regulations Governing the Declaration for Foreign Exchange Receipts and Disbursements or Transactions.”