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Article 10
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An SBL participant, if and only if a juristic person or fund, may authorize and empower a securities firm to act on its behalf in submitting an application to the TWSE for opening a securities borrowing and lending account, in obtaining the eligibility as a participant in the securities borrowing and lending market, in conducting fixed-price and competitive bid transactions for borrowing and lending of securities, and in submitting regulatory filings reporting the execution of negotiated transactions.
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