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Article 44
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If a circumstance arises under Article 39 or the preceding article that requires a buy-in of securities for return of securities borrowed in a fixed-price or competitive bid transaction, and if due to the constraint of the settlement period the lender is unable to exercise its shareholder's rights in a timely manner, the TWSE may, in addition to placing an order with a securities firm to buy in subject securities, borrow subject securities for return to the lender and effect a further return of securities when the bought securities are credited to the account.
If a circumstance arises under Article 39 or the preceding article that requires a buy-in of securities for return of securities borrowed in a fixed-price or competitive bid transaction, and if due to the trading status of the market generally or the subject securities specifically it is not possible to buy in subject securities within 2 consecutive business days after the date of the circumstance, the TWSE will repay the shortfall by cash in an amount determined by reference to the closing price on the second business day.
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