Tipei Times
Date: Sep 18, 2016
By: Shih Hsiao-kuang and William Hetherington / Staff reporter, with staff writer

Faced with the possibility of its assets being frozen following the legislature’s passage of the Act Governing the Handling of Illegal Properties by Political Parties and Their Affiliate Organizations (政黨及其附隨組織不當取得財產處理條例), the Chinese
Nationalist Party (KMT) has initiated a plan to sell merchandise based on items from the party’s history.

According to the act, which went into effect on Aug. 12, political parties are barred from disposing of any possibly illegal assets and are obliged to register all such property with the Ill-gotten Party Assets Settlement Committee within one year of the law’s promulgation.

Through its Party Assets Revitalization plan, the party hopes to create a new source of revenue based on creative interpretations of items in its museum to meet its operational costs, the KMT said.

It plans to hold a design contest for practical items such as paperweights, decorative adhesive tape, mugs and T-shirts that are to draw inspiration from relics in the museum, with the winning designs to be turned into merchandise through cooperation with a manufacturing partner, sources said.     [FULL  STORY]