(1) The Minister of Economy and Finance may determine the basic exchange rate, purchase and sale rate of foreign exchange, and arbitrated rate of exchange (hereinafter referred to as the "basic exchange rate, etc.") in foreign exchange transactions, if it is necessary for harmonious and orderly foreign exchange transactions.
(2) If the Minister of Economy and Finance has determined the basic exchange rate, etc. pursuant to paragraph (1), residents and non-residents shall perform transactions in conformity with such basic exchange rate, etc.[This Article Wholly Amended on Jan. 30, 2009]