compliance with this Notification and the governing laws or associated regulations; (6) having an efficient and fair trading system covering at least the following matters: (a) having a system capable of

provision of services is in compliance with this Notification and the governing laws or associated regulations; 5 (6) having an efficient and fair trading system covering at least the following matters: (a

the reporting plan specified in Paragraph 1(2)(d) of Clause 3; (6) supervising the operation to ensure compliance with the provisions of this Notification, including the governing laws or associated

1(2)(d) of Clause 3; (6) supervising the operation to ensure compliance with the provisions of this Notification, including the governing laws or associated regulations. Clause 5 An approved person

, the applicant shall have no record of violation of the law governing the undertaking of its business, other laws relating to financial business and concerning unfair securities trading, fraudulent or

granted, the applicant shall have no record of violation of the law governing the undertaking of its business, other laws relating to financial business and concerning unfair securities trading, fraudulent

in its scheme the actual real estate to be acquired pursuant to the Notification of the Office governing rules, conditions and procedures for establishment and management of property funds. (UNOFFICIAL

the Office governing rules, conditions and procedures for establishment and management of property funds. (UNOFFICIAL TRANSLATION) 2 “Advertising” means communication made to the public regarding sales

has specified in its scheme the real estate to be acquired pursuant to the Notification of the Office governing rules, conditions and procedures for establishment and management of property funds; (8

of the Office governing rules, conditions and procedures for establishment and management of property funds; (8) “Association” means any association relating to securities business, which has been