Minor Settlor. (I) Where the Settlor is a minor, the use, disposal and the exercise and performance of all of the rights and obligations related to the investment product shall be determined by the legal representative of the minor with full authority on behalf of the minor, and such rights and obligations shall include without limitation the subscription, redemption, conversion, change and inquiry of the domestic/foreign securities, as well as investment in mutual funds, offshore structured products. In addition, the legal representative also has the right to deal with the aforementioned relevant matters over the counter, or by use of telephone banking, Internet banking service or other method provided by the Trustee on behalf of the Settlor.(II) Starting from the date when the Settlor becomes an adult, the Settlor may then have the full authority in determining the use, disposal of the trust property and the exercise of various rights and obligations relating to the investment product. Except where the Settlor issues an authorization letter, the original legal representative shall not continue to use or dispose of the trust property or exercise various rights and obligations on behalf of the Settlor starting from the date when the Settlor becomes an adult. The Trustee also has the right to refuse to continue to act according to any transaction instructions on the trust property made by the original legal representative or exercise other relevant rights.
