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Article 5
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Except where the circumstances described in Article 6 or 7 of these Procedures exist, all registration cases shall take effect upon expiration of the following period after the TWSE’s receipt of the application form:
- 1. For offerings described in Article 12, paragraph 3, subparagraph 1 of the Regulations: 12 business days.
- 2. For offerings described in Article 12, paragraph 3, subparagraph 2 of the Regulations: thirty business days. However, for SITE that meet the conditions set by the Competent Authority, the aforementioned effective registration period is shortened to twelve business days.
- 3. For additional offerings described in Article 12, paragraph 3, subparagraph 3 of the Regulations: seven business days.
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