Scholarly journal has played an important role in the academic world.Most of the works obtained in scholarly journals are most current. For the researchers, the journal is the communication channel among the scholars. The library has struggled with the increasing cost and decreasing subscriptions during the past several years. Government Procurement Law promulgated by the president on May 27, 1998 has new impact on the library acquisition. This article reports the current status of the Serials Division of National Cheng-Kung University Library and discusses the impact of the new procurement law on the journal collection development.