It's a dizzying time for Taiwan as it takes the lead in Asia when it comes to human rights, not just in words but in legislation. Now, they have just announced a law for the abolition of the death penalty -- and the legalization of gay marriage and womens rights as a bonus!

Taiwan on Saturday unveiled its draft Human Rights Basic Law which abolishes the death penalty and legalises gay marriage.

If the law is passed, it will make Taiwan the first country in Asia - and the fourth in the world - to legalise gay marriage. The Netherlands, Belgium and Canada have legalised gay marriage.

Vice President Lu Hsiu-lien, head of the Human Rights Consultative Committee under the Presidential Office, unveiled the draft law at a meeting with reporters.

The Basic Law stipulates that the death penalty must be abolished, gay marriage should be legalised and homosexual couples should be allowed to adopt children.

The Basic Law bans cloning human beings, protects equal rights for women and foreign workers, and grants asylum to foreign asylum seekers.

70 percent of the Taiwanese public is reportedly against the ban on the death penalty, so there will be "an adjustment period," where it remains legal but won't be executed carried out.

(Update Nov. 9, 1:50 pm.)