Article 1
These Regulations are prescribed pursuant to Paragraph 3, Article 6 of The Central Bank of the Republic of China (Taiwan) Act.

Article 3
The Bank Governor (hereafter referred to as ”the Governor”) shall be the chairman of the Board and the Board of Executive Directors (hereafter referred to as ”the Executive Board”). Whenever the Governor is unable to attend in person, the Deputy Governor designated to act for the Governor shall be the chairman.

Article 4
Board meetings resolutions shall address the following matters:
1. To examine and approve policies concerningmoney, credit and foreign exchange;
2. To examine the adjustment of the Bank’s capital;
3. To approve the operation plans of the Bank;
4. To examine the budget and fiscal reports of the Bank;
5. To examine and approve major laws and regulations of the Bank;
6. To examine or approve the establishment, adjustment and dissolution of the Bank’s administrative units, branch offices, representative offices and subsidiary institutions;
7. To approve the appointment and the removal of the heads of the Bank’s administrative units, branch offices, representative offices and subsidiary institutions;
8. To examine matters proposed by the Directors.

Article 5
Except where otherwise resolved by the Board, between sessions of the Board the Executive Board shall be authorized to perform the duties defined in subparagraph 1 and subparagraphs 5 through 8 of the preceding Article. All decisions of the Executive Board shall be reported to the Board for retroactive endorsement.

Article 9
The heads of the Bank’s Department and Office and other related personnel of the Bank may be requested to attend meetings of the Board.