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Title Corporate Governance Best Practice Principles for TWSE/GTSM Listed Companies CH
Date 2006.12.01 ( Amended )

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Article 40 Members of the board are advised to participate in training courses on finance, business, commerce, accounting or law offered by institutions designated in Guidelines for the Continuing Education of Directors and Supervisors of TSEC/GTSM Listed Companies, which cover subjects relating to corporate governance upon becoming directors and throughout their terms of occupancy. They shall also ensure that company employees at all levels will enhance their professionalism and knowledge of the law.
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Article 44 A supervisor shall be familiar with the relevant laws and regulations, understand the rights, obligations, and duties of directors of the company and the functions, duties, and operation of each department, and frequently attend meetings of the board of directors to supervise the operations and to state his/her opinions when appropriate so as to control or discover any abnormal situation early on.
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Article 50 Supervisors are advised to participate in training courses of finance, business, commerce, accounting or law offered by institutions designated in the Guidelines for the Continuing Education of Directors and Supervisors of TSEC/GTSM Listed Companies, which cover subjects relating to corporate governance upon becoming supervisors and throughout their terms of occupancy.
Article 51  A TSE/GTSM listed company may purchase liability insurance for its supervisor(s) upon the resolution of the shareholders' meetings so as to reduce and spread the risk of damages that may be sustained by the company or shareholders caused by any illegal act of its supervisor(s).
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