Regulatory Alerts2016-03-24
Interpretations of Exemptions from Concrete Construction Plans for Individuals' Land Loans
The Central Bank of the Republic of China issued this interpretation to clarify the terms and conditions under which individuals applying for land loans are exempted from providing concrete construction plans. This directive operates pursuant to the Regulations Governing the Extension of Housing Loans in Specific Areas and Land Loans by Financial Institutions to streamline specific lending requirements. The document was promulgated on August 2, 2011, and has since been repealed.
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