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Amendments

Title:

Regulations Governing Centralized Securities Depository Enterprises  CH

Amended Date: 2020.01.15 

Title: Regulations Governing Centralized Securities Depository Enterprises(2012.08.14)
Date:
Article 3     The engagement in the business of a CSDE shall be subject to the approval of the Financial Supervisory Commission (FSC).
    Only one CSDE shall be established for each stock exchange.
Article 4     A CSDE shall be incorporated as a company limited by shares, and shall have at least NT$500 million in paid-in capital. All shares shall be fully subscribed by the promoters.
    Unless for public interest purposes and having been approved by the FSC, shares held by a single shareholder of a CSDE may not exceed 5 percent of the paid-in capital.
    A shareholder who, before the issuance of the 14 August 2012 amendment to these Regulations, already held more than 5 percent of the shares of the CSDE shall not be subject to the restrictions of the preceding paragraph, but may not further increase its shareholding, unless the increase is for public interest purposes and has been approved by the FSC.
Article 18     A CSDE shall prescribe procedure for acquisition or disposal of real property and equipment and submit such procedure to the FSC for approval. This also applies in the occasion of amendment.