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Q1-14 How should assets be transferred in the event of a faculty member leaving (resigning) to teach at another university?

 

1.      Tai-Zhong (1) Letter No. 0940151556 issued by the Ministry of Education states in Explanation 4. "Faculty members of national universities leaving to teach at other universities has led to frequent transfers of assets. As the assets are used and managed on behalf of the university and not owned by the professor, their individual departure and taking of assets with them to their new university is not in the interests of their original university. Universities applying for the transfer of assets should in principle only apply to where a unit they commissioned or subsidizes has not yet completed the assigned tasks. If a transfer is necessary due to special circumstances, the reason must be submitted to the Ministry of Education for approval."

2.     For assets purchased as part of Ministry of Science and Technology (MOST) projects, the owner unit (department/institute) must first notify the MOST in writing and gain its approval before applying to the Ministry of Education.

3.     If a faculty member leaving to teach at another university applies for the transfer of assets, please provide the asset details, explain the reason, secure the consent of the department/institute then seek approval from the University. The Property Management Division then submits the application to the Ministry of Education.

4.      According to Article 16 of the National Property Ownership Management Principles, for assets other than national immovable property allocated by the competent authority to a government agency of the same level, the asset custodian unit should fill out a "Asset Allocation Form" in triplicate (see Attachment 6) with one copy retained for reference and two copies forwarded to the destination agency for signing. The destination agency then retains one copy for filling out the asset addition form and returns one copy to the source agency for filling out the asset impairment. It is then entered into the books and de-registered in accordance with the procedure.

5.    If not a government agency of the same level (e.g. private university), handle in accordance with the Regulations Governing the Gifting of National Movable Property.

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