The prerequisite to this decisive action, in which the years of mismanagement and bad debts at these 36 local institutions were wiped out in a single stroke, was the passage this June of new financial laws by the Legislative Yuan, effectively pulling the sword from the stone for government financial authorities.
石破天驚，一口氣把三十六家基層金融的陳年爛瘡摘除，前提是今年六月立法院通過「金融六法」，給了主管機關一把尚方寶劍。