period of time or in accordance with certain conditions; (3) revocation of the approval for being REIT manager; (4) stipulating a period of time or conditions for submitting application for being REIT
the considered case. 23 Clause 38 In order to ensure that the exercising discretion of the SEC Office under this Chapter is transparency and due process, prior to notifying suspension or revocation
terminated on the effective date of the revocation of approval. Clause 5. When the grant of approval of the SEC Office for appointment of an executive of the derivatives business operator is terminated due to
terminated on the effective date of the revocation of approval. (Translation) -3- Clause 5. When the grant of approval of the SEC Office for appointment of an executive of the derivatives business operator is
characteristics, the approval of the SEC Office shall be terminated on the effective date of the revocation of approval. (Translation) -3- Clause 5. When the grant of approval of the SEC Office for appointment of
damage to the investors’ interest; (b) not being subject to the order of business suspension or revocation issued by the home regulator; (c) not having had record of violating the laws or regulations under
is transparency and due process, prior to notifying suspension or revocation order or period for removing a person from the position as a result of possessing prohibited characteristics in Group 3
to ensure that the exercising discretion of the SEC Office under this Chapter is transparency and due process, prior to notifying suspension or revocation order or period for removing a person from the
instrument or this Notification; 3. revocation or suspension of approval of the REIT manager by the SEC Office for more than 90 days in accordance with the Notification of the Office of the Securities and
responsibilities; 3. the revocation of approval or the suspension of business operation more than 90 days imposed on the trust manager by the SEC Office under the Notification of the Securities and Exchange