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Article NO. Content

Title:

Taiwan Stock Exchange Corporation Directions for the Sublease of Business Premises Leased and Rented by Idle Assets of a Securities Firm  CH

Announced Date: 2017.07.05 
Categories: Market Supervision > Regulation of Securities Firms
2     Sublease of business premises rented:
  1. A securities firm to sublease business premises rented shall execute a lease agreement with the sub-lessee, including an enforcement clause and a non-sublease clause, and have the agreement notarized by court.
  2. The rental stated in the sublease agreement shall be the consideration (which shall be the reasonable price for the same area). A disclosure shall be made in the financial reports if the sub-lessee is a related party.
  3. After the rented business premises are subleased, the business premises and facilitiesthat are actually available to the securities firm for operating purposes shall conform to the TWSE Standards Governing the Places of Business and Facilities of Securities Firms and Securities Introducing Brokers.

Interpretation: