Legislative Yuan passes new amendments

STAFF WRITER

Sat, Dec 23, 2006 - Page 3

The Legislative Yuan yesterday passed a handful of amendments to various, finance agriculture and tax-related laws, as well as to the Military Criminal Code (陸海空軍刑法), according to local media.

Amendments to Articles 27 and 66 of the Military Criminal Code (陸海空軍刑法) passed a third reading on the legislative floor yesterday, allowing the military to seek capital punishment for service personnel convicted of disobeying orders or giving false orders in wartime.

Lawmakers yesterday also approved the death penalty as punishment for violating the Provisions on Damaging and Duplicating the National Currency (妨害國幣懲治條例) in an amendment to Article 3 of the Provisions.

That amendment stipulates that persons who inflict severe damage to domestic financial institutions by forging or physically manipulating the national currency are eligible for the death penalty.

Also passing a third reading yesterday was an amendment to Article 6 of the Tax Levy Act (稅捐稽徵法), ensuring that collection of the Land Value Increment Tax, the House Tax and the Land Value Tax is given priority over mortgage payments and other debt collection.

The Legislative Yuan also passed an amendment to Article 22 of the Insurance Law (保險法) stating that if a trust company is obligated to pay the insurance fee for its client through a contract relationship, then an insurance company should collect fees from the former, not the latter.

Amendments to the Agriculture Development (農業發展條例) and Foreign Trade Acts (貿易法), meanwhile, benefitted farmers and fishermen, respectively.

Lawmakers yesterday also approved amendments to Articles 31 and 39 of the Agriculture Development Act, removing restrictions on the registration of transfers of land ownership.

The restrictions previously applied to farmers who had cultivated land that was not theirs, or who had implemented unauthorized farming practices.

Amendments to the Foreign Trade Act allows fishery associations to issue certificates of origin for fishery products to their members, and requires the government to implement trade measures that will bring the nation's import/export regime in line with international standards as defined by the UN.