(Securities Trading Venue and Exceptions)
The trading of listed securities shall be conducted on a centralized securities exchange market operated by a stock exchange except in the following situations:
- transactions in government bonds.
- due to the operation of an act or regulation, the transacting parties are unable to acquire or dispose the ownership of the securities through trading on the centralized securities market.
- direct private transfer of securities not in excess of one trading unit, and the interval between any two such transfers is not less than three months.
- other transactions in conformity with the regulations prescribed by the Competent Authority.