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Article 15
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If overseas Chinese and foreign nationals have one of the following circumstances, the TWSE may prohibit them from providing or receiving domestic securities collaterals in accordance with these Rules:
- Failing to meet the qualifications set forth under Article 5, or making a false or untrue statement issued in accordance with Articles 5 and 8.
- A material breach with respect to offshore investment activities.
- A violation of these Rules.
- Being prohibited from providing or receiving domestic securities collaterals in accordance with these Rules as notified by the Competent Authority.
When overseas Chinese and foreign nationals have the circumstance in one of the preceding subparagraphs, if they have provided or received domestic securities collaterals in accordance with these Rules, the TWSE may instruct, as appropriate, the collateral custodian to stop any new provision or receipt of domestic securities collaterals by the overseas Chinese and foreign nationals, or instruct the collateral custodian to notify the overseas Chinese and foreign nationals to return part or all of the collaterals within a specified period of time.
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