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Article 3-2
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When a foreign issuer applies for a primary stock listing, if there is any conflict between the mandatory regulations of the country of its registration and ROC provisions requiring mutatis mutandis application of the Securities and Exchange Act, the issuer shall first fill out an application for special-case permission, with relevant documents attached, and submit it to the TWSE. The foreign issuer may submit its application for primary listing only after the TWSE has submitted a review opinion to the competent authority, and the competent authority has publicly announced the scope within which foreign issuers from that country of registration may be exempted from specific provisions of the Securities and Exchange Act from which.
If the foreign issuer, on the basis of the provisions of the application for special-case permission under the preceding paragraph, falls within the scope of those exempted from application of specific provisions of the Securities and Exchange Act publicly announced by the competent authority, the foreign issuer may submit its application for primary listing only after review and confirmation by the TWSE and the TWSE's reply by letter to the foreign issuer.
When a foreign issuer applies for a primary stock listing, if the country of its registration is one for which the competent authority has publicly announced the exemption of its foreign issuers from the application of specific provisions of the Securities and Exchange Act, then when applying for listing, the foreign issuer shall fill out an application for listing and attach a "Checklist for Foreign Issuers Applying for Special Permission for Exemption from the Application of Specific Provisions of the Securities and Exchange Act" completed by a lawyer before the mutatis mutandis application of those specific provisions may be eliminated.
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