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Article 32
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An SBL participant applying for terminating its securities borrowing and lending account shall fill out an Application Form for Termination of Securities Borrowing and Lending Account, and the TWSE will approve of the account cancellation when it has confirmed that all of the SBL participant's securities borrowing and lending transactions and all of its obligations have been fully settled and satisfied.
When entertaining an application for account cancellation, the securities firm may proceed with the cancellation by correspondence or electronic means that is sufficient to identify the applicant as the SBL participant itself or its indication of intent.
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