Article 29
The brokerage agency, which violates this act, shall be penalized according to the following regulations:
1. Those who violate Article 12, Article 18, Article 20, or Article 27 and who have not rectified themselves within the time limit given by the administration office shall be fined between thirty thousand and one hundred and fifty thousand NT dollars.
2. Those who violate Items Ⅰ,Ⅱof Article 24-1 or Article 24-2, shall be fined between thirty thousand and one hundred and fifty thousand NT dollars.
3. Those who violate Article7 ( 6) , Article 11, Article 17, Article 19 (1) , Article 21 (1) and (2) or Article 22 (1) shall be fined between sixty thousand and three hundred thousand NT dollars.
4. Those who violate Article 7 (3) and (4) or Article 8(4) shall be suspended. Suspension of business shall not be lifted until the brokerage agency makes up the guaranty bond. Nevertheless, if suspension of business lasts for one year, the permit of the broking agency shall be abolished.
Those who are fined according to sections 1 ,2 or 3 above and who have not rectified themselves within the time limit shall receive be penalized each time.
The enforcement date for Article 24-1,24-2 and the second part of the first paragraph of this Act is enacted by Executive Yuan.
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