Ill-gotten Party Assets Settlement Committee

Ill-gotten Party Assets Settlement Committee
不當黨產處理委員會
Bùdāng Dǎngchǎn Chǔlǐ Wěiyuánhuì
Agency overview
Formed31 August 2016
JurisdictionRepublic of China
HeadquartersZhongshan, Taipei
Agency executives
Websitewww.cipas.gov.tw

The Ill-gotten Party Assets Settlement Committee (CIPAS;[1] Chinese: 不當黨產處理委員會; pinyin: Bùdāng Dǎngchǎn Chǔlǐ Wěiyuánhuì) is an independent government agency of Taiwan established in 2016 by the Act on Promoting Transitional Justice. It is responsible for the investigation and recovery of ill-gotten assets of political parties and their affiliated organizations obtained during the martial law period in Taiwan.[2] All parties established before the lifting of martial law, 15 July 1987, are required to report their party assets to the committee. As the dominant party during the martial law period, the Kuomintang (KMT) and its affiliate organizations are the main targets of this investigation. The council is headquartered in Zhongshan District, Taipei.

According to Article 7 of the Act on Promoting Transitional Justice, assets seized by the committee would be managed by the Promoting Transitional Justice Fund, and could be used to promote transitional justice, and to fund elder care and social welfare programs.[3]

  1. ^ Committee of Illegal Party Asset Settlement
  2. ^ "不當黨產處理委員會 執掌與組織". Retrieved 2017-09-09.
  3. ^ Chung, Li-hua; Chung, Jake (28 January 2024). "Assets committee takes over firms' stocks". Taipei Times. Retrieved 29 January 2024.