Taiwan extends comment period for laws and regulations to 60 days
The Executive Yuan (EY) issued a directive to extend the notice and comment period for drafts of all regulations from 14 days to 60 days. In addition, effective from 1 October 2016, the new 60-day rule will also apply to EY drafts of proposed legislation applicable to trade, investment and IPR matters. By providing a much longer period than previously to voice opinions and make recommendations before legislation and regulations are finalised, the directive brings Taiwan's procedures closer in line with international practices.
The problem of insufficient notice periods before implementing new regulations has long been an issue for many ECCT members and has been the subject of numerous meetings with government and listed in previous position papers drafted by the Retail & Distribution, Customs & Logistics and financial services committees.