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

Tai Yang Fa No. 0940030802 Date：July 19, 2005
Subject:
The Bank is scheduled to issue a new series of New Taiwan Dollar notes in the 
denomination of NT$1,000 and NT$500 （new banknotes）on July 20, 2005.Basis:Article 
13, 15 and 18 of the Central Bank of the Republic of China (Taiwan) Act, the 
Regulations Governing the Issuance of New Taiwan Dollars by the Central Bank of the 
Republic of China (Taiwan), and the Executive Yuan directive：Yuan Tai Tsai No. 
0930032086 dated July 19, 2004.
Content of Announcement:
1.The design and specifications of the new banknotes are summarized as follows:
　　A.NT$1,000 notes:
　　　a.Denomination: NT$1,000
　　　b.Dimensions: 160mm×70mm 
　　　c.Substrate: Paper
　　　d.Main color: Blue
　　　e.Design:
　　　 (i)Obverse: The motif is the image of a group of elementary school students. 
　　　　　The intaglio printing reads “The Republic of China”, “The Central Bank 
　　　　　of the Republic of China (Taiwan)”, “One Thousand Dollars” and 
　　　　　“1000”.
　　　 (ii)Reverse: The main picture shows two Mikado Pheasants. Yushan, the 
　　　　　 highest mountain in Taiwan, forms the   background. Two separate 
　　　　　 illustrations depict sunrise and a thistle（Cirsium Kawakamii hayata）, 
　　　　　 respectively.
　　B.NT$500 notes:
　　　a.Denomination: NT$500
　　　b.Dimensions: 155mm×70mm 
　　　c.Substrate: Paper
　　　d.Main color: Dark brown. 
　　　e.Design:
　　　 (i)Obverse: The motif is the image of a group of baseball players. The 
　　　　　intaglio printing reads “The Republic of China”, “The Central Bank of 
　　　　　the Republic of China (Taiwan)”, “Five Hundred Dollars” and “500”.
　　　 (ii)Reverse: The main picture shows a herd of Formosan Sika Deer. Mount 
　　　　　 Dabajian and bamboos form the   background. 
2.The new NT$1,000 and NT$500 notes both have an optical variable device stripe in 
the right side on the front, an optical variable device window thread on the back, 
and the figure of denomination in the upper left corner on the back is 
printed with optical variable ink.
3. The engraving of the new banknotes was made in 2004, and the notes are printed 
by the Central Engraving and Printing Plant.4.The new banknotes shall be circulated 
in Taiwan, Kinmen and Matsu regions concurrently.5.The current NT$1,000 and NT$500 
banknotes shall remain in circulation but withdrawn from circulation gradually from 
this date until July 31, 2007.  Current   banknotes shall cease to be legal tender 
from August 1, 2007. However, they can still be exchanged at any branch of the Bank 
of Taiwan within the territories.