2000-04-15
Added · Updated
The Central Bank of the Republic of China (Taiwan) entrusts the Bank of Taiwan to manage business operations associated with the issuance of the New Taiwan dollar, including the receipt, payment, delivery, supply and demand regulation, and sorting of notes and coins. The Bank of Taiwan must follow the Central Bank's instructions and supervision, may establish currency distribution centers with the Central Bank's approval, and is reimbursed for all related expenses by the Central Bank. These Regulations take effect on July 1, 2000.
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Laws and Regulations Database of the Central Bank of the Republic of China-Article Content
Article Content
Title:
Regulations Governing the Entrustment to the Bank of Taiwan of Matters Associated with the Issuance of the New Taiwan Dollar by the Central Bank of the Republic of China (Taiwan)
Amended Date: April 15, 2000
[Print]
[Print-NoSerialNumber]
Article 1
These Regulations are prescribed pursuant to Article 3 of the Regulations Governing the Issuance of the New Taiwan Dollar by the Central Bank of the Republic of China (Taiwan).
Article 2
The Central Bank of the Republic of China (Taiwan) (hereinafter referred to as "the Bank") shall entrust the Bank of Taiwan to manage business operations associated with the issuance of the New Taiwan dollar in accordance with these Regulations.
[Authorized Regulations]
[Related Circulars]
[Authorized Circulars]
Article 3
The term "business operations associated with the issuance of the New Taiwan dollar" as stated in these Regulations refers to the receipt, payment, delivery, regulation of supply and demand of notes and coins, and sorting of returned notes that are incidental to the issuance of the New Taiwan dollar.
Article 4
The Bank of Taiwan may establish currency distribution centers in various locations in order to manage business operations associated with the issuance of the New Taiwan dollar.
The establishment and dissolution of currency distribution centers shall be subject to the Bank's approval.
[Authorized Regulations]
[Related Circulars]
[Authorized Circulars]
Article 5
The Bank of Taiwan shall follow the instructions and supervision of the Bank in managing business operations associated with the issuance of the New Taiwan dollar.
Article 6
The Bank shall assume responsibility for all expenses incurred by the Bank of Taiwan in managing business operations associated with the issuance of the New Taiwan dollar.
Article 7
These Regulations shall take effect on July 1, 2000.
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