| Article 4 |
A domestic issuer applying to the TWSE for accreditation as a qualified issuer of call (put) warrants shall conform to Article 3, paragraph 1 and Article 5, paragraph 2 of the Issuance Regulations.
A foreign issuer applying to the TWSE for accreditation as a qualified issuer of call (put) warrants shall conform to Article 3, and Article 5, paragraphs 3 and 4, of the Issuance Regulations.
The TWSE may withhold approval for an application made to it for accreditation as a qualified issuer of call (put) warrants upon discovering that the application fails to conform to the preceding two paragraphs or that any of the circumstances in the subparagraphs of Article 7 of the Issuance Regulations applies.
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