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The Credit Cooperatives Act Of The Republic Of China - Article 3

The Credit Cooperatives Act Of The Republic Of China｜第 3 條｜銀行｜Act｜In Force

第 一 章｜金融監督管理委員會｜v1.0

Last Amended: 2018-01-31

Content

The incorporation of a credit cooperative shall be subject to the approval of the Central Competent Authority and shall be registered with the Competent Authority responsible for credit cooperatives. A credit cooperative incorporated under the preceding paragraph shall not engage in or carry on business until a business license has been issued by the Central Competent Authority. The procedures and the terms and conditions for the application to incorporate a credit cooperative shall be prescribed by the Central Competent Authority.

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