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Article 21
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A securities firm shall notify the customer in writing or other manner as agreed between the parties 10 days before the expiration of the loan period for any loaned securities, and shall return the collateral, or utilize said securities as the collateral of another borrowing transaction as agreed between the parties, on the same day that the customer returns the securities upon expiration or the next business day.
The return of subject securities and collateral securities by a securities firm (except book-entry central government bonds) is governed by Article 15, paragraph 3 mutatis mutandis.
Cash collateral that is returned shall be deposited in the customer's bank deposit account. Return of book-entry central government bonds shall be handled in accordance with the Directions for the Operation of Book-Entry Central Government Securities. Notwithstanding, a cash collateral in foreign currency may be converted as a collateral for securities business money lending to a customer subject to agreement between the parties.
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