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101
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The trading of securities transacted on the Exchange shall be cleared and centrally settled by the Clearing Division.
The TWSE shall appoint the central securities depository to handle the receipt and delivery of securities in connection with the central settlement of securities trading referred to in the preceding paragraph.
The clearing and settlement of securities transacted by the branch offices of a securities firm shall be consolidated by the head office and handled in accordance with the preceding two paragraphs.
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