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The disposed firm shall designate an authorized firm to carry out settlement matters relating to the centralized custody of its clients' securities, such as securities deposits, withdrawals, account transfers and transfers of title, based on the sequence in which authorization agreements have been entered into for handling of settlement matters on its behalf, provided that where a branch office receives disposition to cease operations, the headquarters or another branch office may represent the branch office receiving the disposition in carrying out settlement matters. Under special circumstances, the TWSE may appoint another securities firm to undertake such matters, and shall note the appointments in the notice of suspension.
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