Taiwan Stock Exchange - Rules & Regulations Directory
Article NO. Content
The interest of the collaterals and supplementary collaterals belongs to the collateral owner, and the issuer or its institute agent shall directly distribute to the owner's designated book-entry account or centralized custody account. In case of creation of pledge under Article 6, paragraph 3, the securities firm and the owner of such collateral shall have a separate agreement on this matter.
Where a client posts central book-entry bonds as collateral and supplementary collateral securities, the securities firm may collect any interest payment on behalf of the client through the central government securities settlement bank and shall, before the next business day of the interest payment date, transfer the interest to the client after deducting the tax withheld on the client's behalf, according to the agreement between the parties.