Issues to be reviewed at the Committee shall be resolved in the following manner:
The ballots used in recorded votes in the preceding paragraph shall be designed and provided by the TWSE. When casting a vote, the reviewer shall clearly indicate his approval or non-approval on his ballot and specify the reasons of approval or non-approval. A blank ballot indicating neither approval nor non-approval will be deemed a dissenting vote. Ballots will be counted and recorded by the chairperson of the meeting, who will announce the voting results and issue a resolution, which will then be put into a sealed official envelope on which the chairperson will sign and affix the chop. The envelope will be handled in confidentiality by the TWSE. When necessary, the TWSE may request to unseal the envelope and review the document inside subject to approval of the competent authority.
- Issues in Article 2, paragraph 1, subparagraphs 1 to 3 shall be resolved by recorded vote. Each reviewer shall be entitled to cast one vote for either approval or non-approval. If the number of votes meets the following requirements, an application for listing will be deemed approved:
- Where none of the circumstances described in Article 9, paragraph 1, Article 28-8, or Article 31, paragraph 1 of the Rules Governing Review of Securities Listings exists and there is no violation of any applicable provisions of the same rules, a majority consent of the reviewers present at the meeting is required.
- If there is a circumstance as described in Article 9, paragraph 1 (other than those in subparagraphs 8, 9 and 10), any subparagraph of Article 28-8, or Article 31, paragraph 1 (other than those in subparagraphs 7, 8, and 9) of the Rules Governing Review of Securities Listings or a violation of the applicable provisions other than those in Articles 18, 19, 28-5, 28-6, 32, and 33 of the same rules, and for requests for reconsideration, consent of two-thirds or above of the reviewers present at the meeting is required, provided that the Committee must provide specific reasons, based on comprehensive consideration, for approval of listing.
- Issues in Article 2, paragraph 1, subparagraphs 4 and 5 shall be resolved by secret ballot cast by reviewers present at a meeting and a majority consent vote is required.
After conclusion of a meeting of the Committee, the administering department shall prepare and keep in file documents containing information such as the written review opinion or questions raised by the reviewers at the meeting, voting results, and list of reviewers, which may be publicly displayed.