the designated matters. SECTION 12. At least half of the subcommittee members shall form a quorum. In the subcommittee’s meeting, if the chairman is not present at the meeting or is unable to perform
been made, the remaining commissioners shall retain their offices on the condition that there are at least six persons holding such position. SECTION 12. At least half of the commissioners of the SEC
position. SECTION 12. At least half of the commissioners of the SEC shall form a quorum. If the Chairman of the SEC is not present at the meeting or cannot perform his duty, and if there is a Vice-Chairman
limited company must be consented to by holders of more than half of the total securities which have been sold. Section 24. The special purpose juristic person shall terminate when: (1) it neither receives
the unitholders’ meeting shall constitute at least twenty-five unitholders or half of the total number of the unitholders, and the total investment units of the attending unitholders shall be not less
appropriate, he may make a partial payment to the employees, and after completion of the liquidation, all of the outstanding amounts shall be completely paid up to the employees within thirty days from the
partnerships, and limited companies shall apply mutatis mutandis to the liquidation of the fund. 10 During the liquidation process, if the liquidator deems it appropriate, he may make a partial payment to the
. SECTION 70 Any trustee undertaking the following acts shall be subject to the administrative sanctions under Section 67: (1) fails to pay partial or total fees as specified by Section 8(2); (2) contravenes
Section 67 : (1) fails to pay partial or total fees as specified by Section 8(2); (2) contravenes or fails to comply with Section 25, Section 26, the first paragraph of Section 30, Section 31, Section 32