Title： Regulations for Funds to be Re-Deposited by and Accommodated to the Credit Cooperatives
Announced Date：May 31, 1994
Date：January 24, 2014
Surplus fund other than that described in Article 3 shall be calculated by the Cooperative Bank and rolled over or re-deposited in the following manner according to the time sequence of the increase; the amount not rolled over or re-deposited will not be reserved and may be re-deposited with other banks or credit cooperatives :
1.The amount originally re-deposited with the Cooperative Bank, Bank of Taiwan, Taipei Fubon Bank or Bank of Kaohsiung in the period between February 28, 1995 and August 31, 2008, the effective date of the amendment of the Regulations, may be rolled over or re-deposited with the Cooperative Bank or Bank of Taiwan upon maturity of re-deposit, according to the term of deposit accepted by credit cooperatives (hereafter referred to as the original deposit).
2.Starting from the day after the amendment of the Regulations took effect on August 31, 2008, fifty percent (50%) each of the increased surplus fund may be re-deposited with the Cooperative Bank and Bank of Taiwan for a term as set forth below:
(1) If the term of the original deposit is one year or longer, the term of the re-deposit will be one year.
(2) If the term of the original deposit is less than one year, the term of the re-deposit will be six months.