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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                   __________


                                  SCHEDULE 13G



                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                                (Amendment No. )*






                            Taiwan Greater China Fund
--------------------------------------------------------------------------------
                                (Name of Issuer)



                                  Common Stock
--------------------------------------------------------------------------------
                         (Title of Class of Securities)



                                    874037104
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                                 (CUSIP Number)



                                December 30, 2005
--------------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)







Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

[X]  Rule 13d-1(b)
[_]  Rule 13d-1(c)
[_]  Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

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CUSIP NO. 874037104                    13G                     PAGE 2 OF 8 PAGES
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     1.      NAME OF REPORTING PERSONS
             I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

             CITY OF LONDON INVESTMENT GROUP PLC, A COMPANY INCORPORATED UNDER
             THE LAWS OF ENGLAND AND WALES
------------ -------------------------------------------------------------------
     2.      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP            (a) [_]
                                                                         (b) [_]

------------ -------------------------------------------------------------------
     3.      SEC USE ONLY


------------ -------------------------------------------------------------------
     4.      CITIZENSHIP OR PLACE OF ORGANIZATION

             GREAT BRITAIN
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      NUMBER OF           5.   SOLE VOTING POWER

        SHARES                 2,873,197
                        ------ -------------------------------------------------
     BENEFICIALLY         6.   SHARED VOTING POWER

       OWNED BY                0
                        ------ -------------------------------------------------
         EACH             7.   SOLE DISPOSITIVE POWER

      REPORTING                2,873,197
                        ------ -------------------------------------------------
        PERSON            8.   SHARED DISPOSITIVE POWER

         WITH                  0
--------------------------------------------------------------------------------
     9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

             2,873,197
------------ -------------------------------------------------------------------
    10.      CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
                                                                             [_]

------------ -------------------------------------------------------------------
    11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

             14.36%
------------ -------------------------------------------------------------------
    12.      TYPE OF REPORTING PERSON

             HC
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CUSIP NO. 874037104                    13G                     PAGE 3 OF 8 PAGES
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     1.      NAME OF REPORTING PERSONS
             I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

             CITY OF LONDON INVESTMENT MANAGEMENT COMPANY LIMITED, A COMPANY
             INCORPORATED UNDER THE LAWS OF ENGLAND AND WALES
------------ -------------------------------------------------------------------
     2.      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP            (a) [_]
                                                                         (b) [_]

------------ -------------------------------------------------------------------
     3.      SEC USE ONLY


------------ -------------------------------------------------------------------
     4.      CITIZENSHIP OR PLACE OF ORGANIZATION

             GREAT BRITAIN
--------------------------------------------------------------------------------
      NUMBER OF           5.   SOLE VOTING POWER

        SHARES                 2,873,197
                        ------ -------------------------------------------------
     BENEFICIALLY         6.   SHARED VOTING POWER

       OWNED BY                0
                        ------ -------------------------------------------------
         EACH             7.   SOLE DISPOSITIVE POWER

      REPORTING                2,873,197
                        ------ -------------------------------------------------
        PERSON            8.   SHARED DISPOSITIVE POWER

         WITH                  0
--------------------------------------------------------------------------------
     9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

             2,873,197
------------ -------------------------------------------------------------------
    10.      CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
                                                                             [_]

------------ -------------------------------------------------------------------
    11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

             14.36%
------------ -------------------------------------------------------------------
    12.      TYPE OF REPORTING PERSON

             IA
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CUSIP NO. 874037104                    13G                     PAGE 4 OF 8 PAGES
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ITEM 1(a).   NAME OF ISSUER:

             Taiwan Greater China Fund



ITEM 1(b).   ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

             The principal executive offices of the Fund are located at The
             Taiwan Greater China Fund, 40 Water Street, P.O. Box 962047,
             Boston, MA 02196-2047.



ITEM 2(a).   NAME OF PERSON FILING:

             This statement is being filed by City of London Investment Group
             PLC ("CLIG") and City of London Investment Management Company
             Limited ("CLIM," and together with CLIG, the "Reporting Persons").

             The principal business of CLIG is serving as the parent holding
             company for the City of London group of companies, including CLIM.

             CLIM is an emerging markets fund manager which specializes in
             investing in closed-end investment companies and is a registered
             investment adviser under Section 203 of the Investment Advisers Act
             of 1940. CLIM is controlled by CLIG. CLIM is principally engaged in
             the business of providing investment advisory services to various
             public and private investment funds, including The Emerging World
             Fund ("EWF"), a Dublin, Ireland-listed open-ended investment
             company, Emerging Markets Country Fund ("GEM"), a private
             investment fund organized as a Delaware business trust, Investable
             Emerging Markets Country Fund ("IEM"), a private investment fund
             organized as a Delaware business trust, Emerging Free Markets
             Country Fund ("Free"), a private investment fund organized as a
             Delaware business trust, Natural Resource Fund (NAT), a private
             investment fund organized as a Delaware business trust, Global
             Equity CEF Fund (GEF), a private investment fund organized as a
             Delaware business trust, Frontier Emerging Markets Fund (FRONT), a
             private investment fund organized as a Delaware business trust, the
             Global Emerging Markets Equity Yield Fund (YIELD), a private
             investment fund organized as a Delaware business trust, GFM
             (Institutional) Emerging Markets Country Fund ("GFM"), an
             open-ended fund organized under the laws of the Province of
             Ontario, Tradex Global Equity Fund ("Tradex"), an Ontario mutual
             fund, and nine segregated accounts.

             EWF, GEM, IEM, Free, NAT, GEF, FRONT, YIELD, GFM, and Tradex are
             referred to herein as the "City of London Funds."

             The Shares to which this Schedule 13G relates are owned directly by
             the City of London Funds and segregated accounts.

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CUSIP NO. 874037104                    13G                     PAGE 5 OF 8 PAGES
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ITEM 2(b).   ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

             Address for CLIG and CLIM:

             10 Eastcheap
             London EC3M 1LX
             England



ITEM 2(c).   CITIZENSHIP:

             CLIG - Great Britain

             CLIM - Great Britain



ITEM 2(d).   TITLE OF CLASS OF SECURITIES:

             Common Stock, par value $.001 per share



ITEM 2(e).   CUSIP NUMBER:

             874037104



ITEM 3.      IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b)
             OR (c), CHECK WHETHER THE PERSON FILING IS A:

             (a) [_]   Broker or dealer registered under Section 15 of the Act
                       (15 U.S.C. 78o).

             (b) [_]   Bank as defined in Section 3(a)(6) of the Act (15 U.S.C.
                       78c).

             (c) [_]   Insurance company as defined in Section 3(a)(19) of the
                       Act (15 U.S.C. 78c).

             (d) [_]   Investment company registered under Section 8 of the
                       Investment Company Act of 1940 (15 U.S.C. 80a-8).

             (e) [X]   An investment adviser in accordance with Rule
                       13d-1(b)(1)(ii)(E) (for CLIM);

             (f) [_]   An employee benefit plan or endowment fund in accordance
                       with Rule 13d-1(b)(1)(ii)(F);

             (g) |X|   A parent holding company or control person in accordance
                       with Rule 13d-1(b)(1)(ii)(G) (for CLIG);

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CUSIP NO. 874037104                    13G                     PAGE 6 OF 8 PAGES
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             (h) [_]   A savings association as defined in Section 3(b) of the
                       Federal Deposit Insurance Act (12 U.S.C. 1813);

             (i) [_]   A church plan that is excluded from the definition of an
                       investment company under Section 3(c)(14) of the
                       Investment Company Act (15 U.S.C. 80a-3);

             (j) [_]   Group, in accordance with Rule 13d-1(b)(1)(ii)(J).



ITEM 4.      OWNERSHIP.

             For CLIG and CLIM:

             (a) Amount beneficially owned:  2,873,197

             (b) Percent of class:           14.36%

             (c) Number of shares as to which such person has:

                 (i)   Sole power to vote or to direct the vote:      2,873,197

                 (ii)  Shared power to vote or to direct the vote:    0

                 (iii) Sole power to dispose or to direct the disposition of:
                       2,873,197

                 (iv)  Shared power to dispose or to direct the disposition of:
                       0



ITEM 5.      OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

             Not applicable.



ITEM 6.      OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

             CLIG, as the parent holding company of CLIM, and CLIM, as
             investment adviser to the Funds, have the power to direct the
             dividends from, or the proceeds of the sale of the shares owned by,
             the Funds. Each of the Funds owns less than 5% of the shares.



ITEM 7.      IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
             THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.

             CLIG is the parent holding company of CLIM. See also Item 3.

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CUSIP NO. 874037104                    13G                     PAGE 7 OF 8 PAGES
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ITEM 8.      IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

             Not applicable.



ITEM 9.      NOTICE OF DISSOLUTION OF GROUP.

             Not applicable.



ITEM 10.     CERTIFICATION.

             By signing below I certify that, to the best of my knowledge and
             belief, the securities referred to above were acquired and are held
             in the ordinary course of business and were not acquired and are
             not held for the purpose of or with the effect of changing or
             influencing the control of the issuer of the securities and were
             not acquired and are not held in connection with or as a
             participant in any transaction having that purpose or effect.





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CUSIP NO. 874037104                    13G                     PAGE 8 OF 8 PAGES
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                                    SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

         The reporting persons agree that this statement is filed on behalf of
each of them.



Dated:   February 3, 2006



                                             CITY OF LONDON INVESTMENT GROUP PLC


                                             By: /s/ Barry M. Olliff
                                                 -------------------------------
                                                 Name:  Barry M. Olliff
                                                 Title: Director





                                             CITY OF LONDON INVESTMENT
                                             MANAGEMENT COMPANY LIMITED


                                             By: /s/ Barry M. Olliff
                                                 -------------------------------
                                                 Name:  Barry M. Olliff
                                                 Title: Director