| Title： |
Operating Rules for Securities Business Money Lending by Securities Firms(2021.04.01) |
| Date： |
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19
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When the competent authority approves and announces suspension of trading or termination of the TWSE listing or TPEx trading of a security that a customer has posted as collateral; when the principal of central book-entry bonds, municipal bonds, common corporate bonds or financial bonds is repaid partially; when the beneficial certificates of open-end securities investment trust funds and those of futures trust funds are combined; or when the deed of trust terminate or its existence expires, then the aforementioned suspension date, termination date, repayment date, combination date, or termination or expiration date of the deed of trust shall be deemed the expiration date of the financing period. After being notified by the securities firm, the customer shall repay the money lent and the interest by the tenth business day before the aforementioned suspension date, termination date, repayment date, combination date, or expiration date of the deed of trust, provided that this requirement shall not apply in the event of a split or reverse split of EFT beneficial certificates, or of an issue of replacement securities by a TWSE- or TPEx-listed company for capital reduction or other purposes, resulting in the suspension of trading on account of differences in rights and obligations between the new and old securities, or if the customer has replaced the collateral, or in cases where the issuing company of a TPEx listed security is applying to convert the security to a TWSE listed security, or where the securities of both the surviving and non-surviving listed (or TPEx) companies in a merger or the beneficial certificates of open-end securities investment trust funds and of futures trust funds being the surviving beneficial certificates of open-end securities investment trust funds and of futures trust funds after merger qualify as the collateral in Article 16, paragraph 9.
When during the collateral period, the customer replaces collateral it provided with the collateral in Article 16, paragraph 9, the securities firm may accept that collateral until the expiration date of the financing period.
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