On the distribution date, customers can sell or settle a short sale. However, withdrawal is not allowed. Also, to prevent the use of newly distributed stocks for settlements of sale amount in one and two business days before, the stocks are listed under the "controlled securities from book-entry deposit" in the customer's balance on the distribution day and the following business day. The transfer shall be conducted by executing the "Controlled Securities - Deposited Securities Transfer" transaction (Code: A63). The customer's balance of the transferee shall still be listed under "controlled securities from book-entry deposit."

This situation may occur when investors have central depository accounts with different securities firms. During the stock's book closure period, TDCC would compile the securities owners list based on the latest updates to the contact address. Issuing company would then apply to distribute stocks to that central depository account based on the information. Therefore, if investors intend to designate an account, they shall specify the account number on the "Notice of Stock Book-Entry Distribution" and mail it back to the issuing company or its shareholder services agent for shares to be distributed to the designated account.

In accordance with the official letter Taiwan-Finance-Securities (IV) No. 04456 issued on December 1, 1999, starting from January 1, 2000, if the stock dividend yield of stocks acquired by investors via margin purchase exceeds 20%, the new stocks shall be collateral to securities firm handling margin purchases and short sales of securities. If the securities to be distributed are collateral with dividend yield exceeding 20%, they would be distributed to the securities owner's central depository account first by TDCC. TDCC will calculate the number of stock dividends to be used as collateral based on the dividend yield rate provided by the issuing company. The quantity calculated will be transferred from the securities owner's central depository account to credit institution's segregated account for margin purchases and short sales.

It can simplify the listed companies' dividend distribution operation. Starting from July 1999, if investors would fill out the fund transfer agreement, consenting to provide the numbers of their financial institution accounts used for trading of securities, and the numbers are entered by the securities firms into systems connected with TDCC, TDCC would include the account information into the securities owners list and duly provide it to the listed companies. The latter can then distribute investors' dividends, bonuses or other items directly to these designated accounts. The payout operation would be more convenient.

(1) The investor shall bring dual identification documents and a seal to the securities firm for opening an account, fill out the account opening application form and contract, provide necessary information required for account opening, sign or affix the seal on the signature/seal specimen card, and obtain the securities passbook. For the information provided, please be sure to provide the correct mailing address and apply to the securities firm for modification promptly if there are any changes. It is to ensure that the public companies' notifications can be delivered to the investor swiftly and accurately. (2) Investors can apply for their securities passbook in paper form or electronically (TDCC e-Passbook). The securities passbook in paper form is issued directly by the securities firm. Investors will receive a text or email from the TDCC, download the TDCC e-Passbook app, confirming the completion of application and activate his/her their TDCC e-Passbook accounts via verification code. (3) If the securities firm supports account opening online, the account opening procedures may go through the securities firm's website or app to complete.

When an investor loses his/her paper securities passbooks, he/she shall immediately go to the securities firm where the passbook is issued, fill up the "Loss of Passbook/Damage to Magnetic Stripe/Reprint of Passbook Entry Application" and the "Cancellation of Loss Reported/Reissuance of Passbook/Magnetic Stripe Replacement/Loss or Cancellation of Single-entry Passbook Application" and affix the forms with the seal or signature identical to the one on the specimen card to proceed with the reissue procedure. During the reissuance period, he/she may still place stock-trading orders with the securities firm.

An investor can open accounts with different securities firms. If the investor opts for paper securities passbooks, the passbooks can only be used at the issuing securities firms, i.e. they are not interchangeable. If the investor chooses TDCC e-passbook, he/she can install securities passbooks issued by different securities firms in the TDCC e-Passbook app.

To streamline the securities market's clearing and settlement operation, the Securities and Futures Bureau, Financial Supervisory Commission promotes the "Book-Entry Settlement System of Securities in Centralized Custody" and TDCC would be in charge of handling relevant matters. The system utilizes the highly efficient transfer function of computers to perform the securities market's clearing and settlement operation in order to enhance the securities market's operating efficiency, lower its operating costs, and expand its development. Since TDCC takes charge of matters associated with the "Book-Entry Settlement System of Securities in Centralized Custody," it has continuously studied and initiated various new businesses to reduce the securities market's cost in handling related matters. Businesses engaged by TDCC include securities custody, trade settlement and transfer, pledge and delivery, securities loans, conversion of convertible bonds, ETF creation and redemption, and all of which can be conducted via book-entry transfer.

(1) The investor shall bring his/her securities passbook to its issuing securities firm and fill up the "Application of Book-entry Transfer for the Conversion (Exchange)/Repurchase (Redemption/Reverse Repurchase)/Cancellation/Subscription/Fulfillment/Redemption of Securities," as well as affix the form with the seal or signature identical to the one on the specimen card in order to convert (exchange), redeem, or reverse repurchase convertible (exchangeable) bonds and redeem beneficiary certificates and depositary receipts via book-entry transfer.

(2) The conversion of convertible bonds can now be handled electronically by the securities firms. However, this operation is not available at some securities firms. Inventors shall contact their securities firms to find out whether the transaction can be processed electronically.

Upon the maturity of the convertible (exchangeable) bonds, TDCC would notify the issuing company of the bondholders list per issuing company's request. Investors do not have to make applications to the issuing company.

On the outright purchases and sales transaction day, Taiwan Stock Exchange would submit the data in six batches to Taipei Exchange, which would then deliver the data to TDCC. The first batch is scheduled to be delivered at 10 am. The settlement date of outright purchases and sales is by 10 am of the second business day after the transaction day.

On the transaction day of transactions with repurchase agreements, Taipei Exchange would deliver the transaction data in batches to TDCC. The first batch is scheduled for 10 am with subsequent batches delivered every half hour. The last batch is scheduled for 15:15. The settlement date of transaction with repurchase agreement is the transaction date. Thus, settlement shall be completed before account closing on the transaction day.

(1)When an issuing company mandates the institution engaged to provide shareholder services to carries out the deposit of dissenting shareholders' stocks in connection with a business merger or acquisition, it shall notify the TDCC by official letter and open a dissenting shareholder account at the mandated institution to carry out the book-entry transfer operations for the deposit and return of dissenting shareholder stocks.

(2)The mandated institution handling the purchase of dissenting shareholders' stocks shall inform the TDCC by official letter specifying relevant information including the name of the issuing company, the account name and account number of the issuing company's dissenting shareholder account, the dates of the relevant shareholders' meetings or board meetings, and the period for deposit.

(3) During the process of depositing, The dissenting shareholders shall present their securities passbooks and their seals identical to the ones on their specimen cards to their participants to apply for an execution of "Dissenting Shareholders' Stock Deposit/Return Transfer" transaction (Code: G20) in order to transfer the dissenting shareholders' deposited stocks into the issuing company's dissenting shareholder account.

(1) Please dial 412-1111 if your local telephone number consists of 7 or 8 digits (including Kinmen). Once connected, please key in the service code 111#.

(2) Please dial 41-1111 if your local telephone number consists of 6 digits. Once connected, please key in the service code 111#.

Investors can check their central depository account balance, bond passbook entries, offshore fund account entries, and set up and change voice inquiry password via the voice inquiry line.

The voice inquiry line is available from 6 am to 12 pm every Monday to Friday (except for holidays).

The customer shall key in his/her central depository account number (11 digits) and the password (4 digits) when using the voice inquiry line.

Investors can apply through their securities firms or use the " voice inquiry password setup and change" function within the TDCC voice inquiry line.

(1) Yes. Investors can apply to their securities firms for online inquiry with their seal/signature on the file and their identification documents. Once they receive the "Notice of Password for Online Account Inquiry," they shall access the TDCC website (www.tdcc.com.tw) and change the default password to their own under "Depository and Clearing Accounts and Funds Inquiry System" prior to making inquiries. Items available for inquiry include general transaction balances, credit transaction balances, reports on winners in public drawing of lots, pledged balances, and bank account numbers.

(2) If investors only need to make inquiry on the bond (with repurchase agreement) passbook balances, they do not have to apply for online inquiry at the counters of securities firms. They can access the data by entering their identification card numbers or business administration numbers and their bond passbook serial numbers.

(3) If investors apply for an ePassbook through their securities firms, after installing the TDCC ePassbook app, investors can make inquiries on the account balance via the app without applying for online inquiry.

(1) The customers shall apply to the investment trust companies to transfer their open-end fund beneficial certificates used as collateral to the customers' central depository accounts with securities firms/securities finance companies by executing the "Issuer Depository Book-Entry Account/Registration Account - Deposited Securities Account Transfer Application" transaction (Code: 671). (2) The customers shall then apply to the securities firms/securities finance companies to transfer their open-end fund beneficial certificates from the central depository accounts to the money lending/settlement financing collateral account.

(1) According to TDCC's book-entry transfer operation manual, if the investor has signed the consent letter for exemption from affixing signature or seal pursuant to relevant rules and the collateral application data have been verified and retained as records by the securities firms, investor does not have to present the securities passbook when securities firms handle a non-face-to-face application and the application form shall be filled up by the securities firms. If the securities firms execute the "Money Lending/Settlement Financing Collateral Account Transfer - Electronic Transmission" transaction (Code: K10S) to process investors' collateral operation in a batch, only one application form shall be filled up. The person-in-charge and the supervisor shall affix their seals on the application form and attach the outcome report by electronic transmission. Securities firms need not affix their seals-of-record in the "Applicant Signature" field of the application. (2) Concerning the aforementioned operation, which does not require an in-person application, investors can apply via phone or electronic transmission. However, inventors shall contact their securities firms to find out whether this function is available.

Pursuant to the "Operating Rules for Securities Firms Handling Non-Restricted Purpose Loan," when insiders of companies with stocks listed in Taiwan Stock Exchange or the Taipei Exchange use their company stocks as financing collateral or supplementary collateral, pledge shall be created for those stocks in accordance with the TDCC's operating rules and the "Participant's Pledge and Delivery of Securities for Book-Entry Transfer."

Please contact your access futures commission merchants or access Taiwan Futures Exchange's website at https://www .taifex.com.tw/chinese/5/AcceptableCollateralInq.asp for details on securities under centralized custody, including stocks (including ETF) and international bonds that can be pledged as futures margin collateral.

(1) If the futures trader intends to apply for the transfer of securities under centralized custody as futures margin collateral, he/she shall present the securities passbook to the participants and fill up the "Futures-related Operation Transfer Application." If the customer has duly signed the "Agreement to Pledge Securities as Futures Margin Collateral in a Non-face-to-face Transaction," the trader can perform the transfer in a non-face-to-face manner. When accepting the non-face-to-face application, the securities passbook is exempted and the securities firm would fill up the "Futures-related Operation Transfer Application" on the trader's behalf.

(2) With regard to the aforementioned operation which does not require in-person application, investors can apply via phone or electronic transmission. However, inventors shall contact their securities firms to find out whether this function is available.

If the futures trader intends to apply for a return of securities posted as futures margin collateral, he/she shall apply to the futures commission merchants. The Taiwan Futures Exchange would then notify the TDCC to return the securities posted as collateral to the account designated by the futures trader.

In the digital era, TDCC allows investors to use certificates in applying to the securities firms for book-entry transfer operation, electronically. Operation allowed include stock transfers between the same ID, conversion and exchange of convertible (exchangeable) bonds, exercise of call (put) warrants, deposit of securities in public tender offer, and the security lending and change or cancel of the security lending. However, to carry out the aforementioned operations, investors shall apply to their securities firms. Thus, you shall contact your securities firms to find out whether the online function is available at these firms.

When an investor with a central depository account passed away, his/her inheritors may provide relevant supporting documents and certifications of tax payment or tax exemption stipulated in Article 24 of the "Regulations Governing the Administration of Shareholder Services of Public Companies" to apply to the decedent’s participant for a transfer. The participant shall submit the information provided by the inheritors to the issuing company or its shareholder services agent through TDCC for verification. Once the information is verified, the issuing company or its shareholder services agent shall notify TDCC to transfer the securities to the inheritors' central depository accounts.

1. The issuer shall open a depository account of the pledgee and the pledgor and a pledge account under the issuer's depository account.
2. The issuer shall transfer pledgor's stocks from the "registration account" to the pledgor's depository account.
3. The issuer shall execute online transactions in accordance with applications filled out by the pledgor and the pledgee to transfer the pledgor's stocks to "pledge depository account" and hand the single-entry passbook with seals affixed to the pledgee for retention.
4. The transfer agent shall ask the pledgee to apply for the "Online Account Information Inquiry Registration." Once the registration and pledge creation are completed, it shall ask the pledgee to login in the centralized securities depository enterprise website and obtain the "certification number" so that the pledgee can proceed with pledge-related operation later.

Both the pledgor and the pledgee shall open securities accounts. The pledgor shall bring his/her securities passbook along with the original seal/signature and fill out the "Pledge Creation on Securities by Book-entry Application." Both the pledgor's and the pledgee's seal shall be affixed on the form for application with the securities firm.

With regard to securities purchased by the investor, the book-entry delivery of pledged securities can only be applied for on the business date following the book-entry transfer of the securities (i.e. the third business day after the purchase transaction). During the pledge period, the pledgor cannot apply for the withdrawal, sale transfer between accounts, or wire transfer of the pledged securities.

For dividend withdrawal of investors' pledged securities in TDCC, the TDCC would notify the issuing company issuer of the names of the pledgor and pledgee, the number of securities pledged, and dividend-related agreements for registration. The issuing company or its shareholder services agent would distribute dividends in accordance with the "Pledge Creation on Securities by Book-entry Application" filled by the pledgor and the pledgee. If the pledgor is entitled to the dividends, they would be directly transferred to pledgor’s bank account or securities account If the pledgee is entitled to the dividends, the issuing company's shareholder services agent would retain the dividends in the issuing company's account. When the pledgor intends to withdraw the dividends of a particular year, he/she shall contact the pledgee to file an application to the participant for the participant to inform TDCC. TDCC would then inform the issuing company or its shareholder services agent of the change in dividend recipient for them to handle follow-up matters.

The pledgee may enforce his/her rights by the following methods if he/she has outstanding claims upon maturity; and once the applications received by the pledgee's participant are verified, the participant shall notify the TDCC of relevant information as well as submit those applications to the TDCC for verification before book-entry transfer can be performed:

(1) Compulsory execution by the court: When the pledgee applies to the court for compulsory execution, the court would issue execution order to the pledgee's participant. The participant would then, by the court's order, detain or transfer the pledged securities to an account designated by the court for auction or deliver them to the court-designated person.

(2) Self-auction: After the pledgee has filled out relevant applications and the sales order form, provided his/her passbook and a legal attest letter, an attestation letter from the court or an affidavit indicating the pledgor has been informed, as well as documents that the pledgor has been or cannot be notified of, and made sales application to the securities firm, he/she can apply to the participant with the proof of sale and aforementioned auction documents for a transfer of the pledged securities to the pledgee's central depository account.

(3) Acquisition of ownership: The pledgee may, upon approval from the pledgor, acquire the ownership of the pledge. Where the pledgee applies for a transfer of ownership, he/she shall fill up relevant applications and provide his/her passbook, a proof that the securities transaction tax has been paid and an agreement where the pledgor has consented for the pledgee to acquire the ownership of the pledge when applying to the participant for a transfer of pledged securities to the pledgee's central depository account. However, the above procedures apply to the following securities only: 1. Listed securities not exceeding one trading unit of the given securities and two consecutive transfers are at least three months apart; and 2. Unlisted securities.

(4) Auctions conducted by an impartial third party: Where the financial institutions and asset management firms engage an impartial third party to auction pledged securities not listed in the Taiwan Stock Exchange nor the Taipei Exchange, they shall fill up relevant applications and provide documents including an auction award certificate issued by the impartial third party endorsed by competent authority, a proof issued by a notary public stipulated in Article 28 of the Enforcement Act of the Part of Obligations of the Civil Code, a notification issued by the pledgee to remove the pledge, and a proof that the securities transaction tax has been paid when applying to the participant for a transfer of pledged securities to the auction winner's account with a securities depository enterprise.

According to Article 19 of the Enforcement Act of the Part of Rights in Rem of the Civil Code, unless a court has been petitioned to conduct the auction, the pledgee's auction may be effected by selling the pledged items at market price, which shall be certified by a notary public or a commercial association. After the pledgor has created pledge on stocks listed at the emerging stock board, if the pledgee intents to enforce his/her rights via self-conducted auction at the emerging stock market, as the emerging stock market adopts the price negotiation system and the transaction price is determined by both the investor and the recommending securities firm, the pledgee shall provide market price certification issued by a notary public or a commercial association where the selling price is concerned in accordance with the above provision. Only then can the TDCC process the enforcement of pledge rights regarding stocks listed at the emerging stock board via the pledgee's self-auction.

(1)During the public tender offer period, investors can present their securities passbooks and seals identical to the one on their specimen cards and apply to their securities firms or custodian banks to transfer their stocks tendered into the mandated institution's segregated account for public tender offer. However, starting from August 1, 2017, the official letter issued by the competent authority stipulates that public tender offer shall adopt the "one-person-one-TDCC-account for number of shares tendered" principle. Controls are imposed when the securities firms or custodian banks enter the tenderer's application data into the TDCC's online computer system.

(2)Securities firms can now accept investor deposits for public tender offer electronically. However, you shall contact your securities firms to find out whether this function is available at their firms.

Tenderers using the same account for deposits are not limited by the number of deposits.

TDCC transfers the securities immediately when notified by the Taiwan Stock Exchange.

According to the notice issued by the Taiwan Stock Exchange, the borrowing balance shall be applied before debiting the general balance.

With regard to stocks under the custody of TDCC, when companies with stocks listed in Taiwan Stock Exchange or the Taipei Exchange convene shareholders' meetings or distribute dividends, bonus or other benefits, the TDCC would automatically compile the list of stock owners on behalf of the securities firms using computer records and deliver it to the issuing company or its shareholder services agent to complete the transfer procedures. The listed companies would send out the notice for exercising shareholders' rights to investors based on the stock owners list provided by the TDCC. Investors need not be concerned with the transfer. However, the most important thing is that changes in the investor's mailing address shall promptly be updated at the investor's securities firms and the issuing company or its shareholder services agent to avoid any delay in delivering listed companies' notices that may affect the investor's rights and interests.

To improve the securities market and protect investors' rights and interests, the TDCC established a securities firm counseling team under its intermediary compliance and inspection department in 1996 to provide comprehensive counseling on centralized securities depository operation to securities firms in Taiwan, to assist them with establishing a sound internal control system for the operation, as well as gather their opinions as reference for future improvements. In the same year, as per instructions from the competent authority, TDCC cooperated with the Taiwan Stock Exchange to conduct audits on securities firm's centralized securities depository operation. Deficiencies identified were tracked and improved via project counseling to realize fully functional internal control systems within the securities firms and prevent malpractice that may infringe on investors' rights and interests.

As TDCC adopts the two-tier legal framework for its operations, when the investor wants to place his/her stocks under the custody of TDCC, he/she shall do so through his/her securities firms and in the securities firms' name. The securities firm would set up customer's account books recording the type, quantities, and changes of the investor's stocks. Thus, TDCC has no direct contact with the investor. Therefore, when the creditor petitions for compulsory enforcement of detention on debtor's stocks, he/she shall ask the court to issue the detention order to the debtor's securities firms. If the creditor is unaware of the debtor's securities firms, he/she may request the court to make inquiries to the TDCC about the debtor's securities firms in his/her petition for compulsory execution pursuant to Article 19 of the Compulsory Enforcement Act.

Where the securities firms apply for business discontinuation or are sanctioned by the Securities and Futures Bureau of the Financial Supervisory Commission to suspend their business operation due to violation of regulations, the investor of centralized securities depository can transfer his/her securities with those firms to his/her accounts with other securities firms within one month from the suspension. After one month, the investor's securities balance in the suspended securities firms will be transferred to the appointed securities firm. Once the investor has opened an account with the appointed securities firm, he/she can proceed with the book-entry sale, withdrawal, and transfer of securities. Therefore, the discontinuation or liquidation of securities firms will not affect the investors' rights and interests.

The ways to abandon stocks in the central depository account that are delisted from the Taiwan Stock Exchange, the Taipei Exchange or the Emerging Stocks are determined based on whether the issuing company has a stock affairs unit providing shareholder services and the stock issuance method. The relevant details are described individually as follows:

(1) Where there is a stock affairs unit providing relevant services:

1. Where physical stocks are issued, the investor shall apply to the securities firm to withdraw the stocks first. Then, he/she shall present the stocks along with securities delivery list issued by the securities firm and apply to the issuing company's stock affairs unit for stock abandonment.
2. In the case of dematerialized stocks, the investor shall obtain the issuing company's central depository account number from its stock affairs unit and present the securities passbook, seal or signature identical to the one on the specimen card, and Statement of Stock Abandonment to the securities firm to apply for stock abandonment transfer. The securities firm would then submit the application to TDCC for delivery to the issuing company's stock affairs unit to proceed with the transfer.

(2) Where there is no stock affairs unit providing relevant services: In accordance with the Ministry of Economic Affairs' interpretation, the abandonment takes effect when the notice indicating shareholder's abandonment intention is delivered to the issuing company's address registered with the Ministry of Economic Affairs. Thus, the investor can present the securities passbook, seal or signature identical to the one on the specimen card, and the post office's legal attest letter delivered to the issuing company's registered address notifying the abandonment, to apply to the securities firm for a transfer of abandoned stocks. The securities firms would submit the application to TDCC to proceed with the transfer.

Information on the stock issuance method, the presence of a stock affairs unit, and its name and contact telephone number, etc. are available under TDCC website/Investors' section/Stock Affairs Information/Equity Securities/Basic Information of Securities or Information on Stock Affairs Units of Companies. (Website: https://www.tdcc.com.tw/smWeb)

When the paper tax-deferred stocks are deposited to the centralized securities depository enterprise, the shareholders shall waive the rights to tax deferral and the issuer shall file the shareholders' income tax by the deposit years. Thus, when these stocks are exchanged for dematerialized stocks, they can be transferred to shareholders' depository account at the securities firms, if the shareholders have already applied to the issuer to wave the rights to tax deferral.

Starting from September 1, 2000, the issuing company shall fill in the non-withholding tax statements or dividend statements for shareholders who waive their rights to tax deferral on their tax-deferred stocks, as defined in Articles 16 and 17 of the Statute for Upgrading Industries and Article 13 of the former Statute for Encouragement of Investment, in the year of waiver. The issuing company shall file the aforesaid information to the competent tax authority before the end of January in the year following the waiver by investors.

If shareholders plan to have securities managed by the issuer, they can present the securities passbooks and seal or signature in their securities transfer applications to the participants. The participants would execute the "Securities Transfer" transaction (transaction code 130) and transfer the securities to the general custody accounts opened by the shareholders at the issuer. However, these stocks shall not be transferred to "registration account." For stocks transferred by the transfer agent into shareholders' depository accounts by mistake, if the transfer agent has already stated the reason for correction to the centralized securities depository enterprise and obtain the latter's approval, shareholders can apply to the participants by filling out the "Application for Transfer of Securities in an Issuer's Depository Account/Registration Account." After the participants have duly applied for approval to the centralized securities depository enterprise, they can transfer the stocks from shareholders' depository accounts to the issuer's "registration account" by executing the "Transfer of Securities in an Issuer's Depository Account/Registration Account" transaction (transaction code 671) in accordance with the approval notice from the centralized securities depository enterprise.

To protect investors' rights and interests, except for inheritance, gifts, or direct private transfers or other transfers by operation of law, in principle, investors may not arbitrarily transfer shares in their accounts to another investor's account.

No. According to the "Operating Rules of the Taiwan Stock Exchange" and the "Trading Rules of Taipei Exchange," the securities firm shall confirm that the order quantity does not exceed the customer's account balance when accepting the customer's sales order for normal settlement trading. Thus, the investor's stocks in his/her account with securities firm A shall be transferred to his/her account with securities firm B first for the stocks to be sold by the securities firm B.

An investor with a paper securities passbook may not apply for stock transfers via the phone. He/she shall take the securities passbook to the issuing securities firm, fill up the "Transfer of Deposited Securities Application," and affix the form with the seal or signature identical to the one on the specimen card to complete the transfer procedure.

For stocks delisted from the Taiwan Stock Exchange, the Taipei Exchange or the emerging stock board and under the custody of TDCC, the investor may still apply for a transfer of deposited securities between his/her central depository accounts with different securities firms at the securities firms using his/her securities passbook and seal/signature specimen card. However, for securities with registration terminated and replaced by physical securities or where the issuer has lost its public issuance eligibility, the aggregated account withdrawal shall be adopted. The investor can only apply for securities withdrawals at one of his/her securities firms instead of a transfer of deposited securities.

To withdraw securities with registration terminated and replaced by physical securities, securities owners may apply to any transacting participant and the aggregated account withdrawal shall be adopted. Relevant procedures are as follows:

1. The securities owners, before 2.30 pm of the day of application, shall present to the transacting participants with the securities passbook and filling out the "Deposited Securities Aggregated Account Withdrawal Application - Substitute for Debit Voucher" in duplicate with seal/signature-of-record. The owners shall also agree to authorize the participant to apply to the centralized securities depository enterprise for aggregated account withdrawal.
2. After reviewing and verifying the securities owners' applications for the aggregated account withdrawal, the participants would execute the "Aggregated Account Withdrawal Application" transaction (transaction code A23) using the online system to notify the centralized securities depository enterprise. Upon receiving the notice, and after verification by other participants, the centralized securities depository enterprise would, except for securities subject to court's attachment or pledged securities, transfer the balances of securities requested by the securities owners from the owners' accounts under those other participants to the owners' account of the withdrawing participant.
3. The securities owners would then withdraw securities at the participant's business premises upon receiving notice from the withdrawing participant.

The stocks withdrawn by the securities owners are printed in the owners' name and registered in the company's shareholder register. Thus, application for a transfer of ownership is not required.

Investors may not withdraw their stocks under custody during the first three business days of the book closure period.

Investors can present their securities passbooks to the issuing securities firms and fill out the "Stock Withdrawal Application" with seal or signature identical to the one on the specimen card affixed. They would then be able to withdraw the stocks from the securities firms on the second business day of the following week.

TDCC needs to deliver a round lot to the issuing company for the latter to split the share. Once the share is split, retrieved by TDCC and delivered to the securities firms, investors may withdraw the stocks. The split takes about two weeks to one month time.

Investors shall present their securities passbooks to the securities firms and fill out the "Physical Gold Withdrawal Application" before 3 pm on a business day. Once notified by the physical gold custodian bank, investors would need to pay the custodian bank the transaction fee for converting into physical gold. The custodian bank would then deliver the gold to investors.

Unless there is trade suspension during the share transfer suspension period, transfer, direct trade between parties, inheritance, and endowment can still be executed.

The transferee (heir) shall apply to the issuer's transfer agent for account opening at "registration account" and the transfer agent would then adjust the unpledged stocks balance from transferor’s (legator’s) name to transferee's (heir's) name. Only then can transferee (heir) apply to transfer these stocks to his/her depository account at the securities firms.

No. Shareholders shall return paper stocks to the company in exchange for dematerialized stocks before they can apply for transfer, direct rtrade between parties, inheritance, and endowment.

1. When the pledgee and pledgor have agreed for the pledgee to receive the pledged stocks' dividends, pledgee can fill out the "Application for Transfer of Pledged Stocks' Dividends at the Registration Account (Substitute for Debit Voucher)" with the seal-of-record of central depository account affixed and present it along with the seal verification certificate to the issuer's transfer agent for application.
2. The transfer agent would examine whether the information on the "Application for Transfer of Pledged Stocks' Dividends at the Registration Account (Substitute for Debit Voucher)" is correct; execute the "Pledge Delivery Data Inquiry" transaction (transaction code 366) to print the "Pledge Delivery Data Inquiry Form" and confirm the agreement between pledgor and pledgee concerning pledged stocks' dividends; and verify the amount applied to be transferred.
3. The transfer agent would execute the "Notice for Transfer of Pledged Stocks' Dividends at the Registration Account" transaction (transaction code A47) to transfer the pledged stocks' dividends in the registration account's "Details of Securities Held in Custody" into the "pledge account" of pledgee's participant.

Where the overseas foreign-national or Mainland Area-national shareholders have provided their depository accounts at the participants, the transfer agent can apply to the centralized securities depository enterprise for delivery to the shareholder's depository accounts. If the account details have not been provided, the stocks shall be transferred to the registration accounts of companies with primary listing on the TWSE or the TPEx or the Emerging Stocks to complete the book-entry delivery procedure.

Shareholders shall apply to the issuer with their seal/signature-of-record and the following documents:

1. "Application for Adjustment to the Shareholding Details of Registration Account" in duplicate (Applicable to registration account).
2. "Application for Transfer of Securities in an Issuer's Depository Account/Registration Account" in duplicate.
3. A copy of the contract between the foreign shareholder and the custodian.
4. A copy of the certificate of completion of FINI or FIDI registration by the foreign shareholder.
5. A copy of the notice of assignment of FINI or FIDI uniform ID number.
6. The original specimen seal/signature card of the FINI or FIDI investment account and foreign investor.

After the issuer has verified the aforementioned documents, it shall proceed with the following procedures:

1. For general custody account or specific custody account, after the centralized securities depository enterprise has approved the application, the issuer shall execute the "Customer Basic Data Amendment" transaction (transaction code 146) to amend the foreign shareholder's identification card number or profit-seeking enterprise number to a FINI or FIDI uniform ID number.
2. For registration account, the issuer shall execute the "Shareholder Information Registration" transaction (transaction code 670) to add the FINI or FIDI investment account basic data, followed by the "Adjustment to the Shareholding Details of Registration Account" transaction (transaction code 673) to adjust the number of shares held under a foreign shareholder's identification card number or profit-seeking enterprise number to the number of shares held under a FINI or FIDI investment account uniform ID number.
3. After executing transactions described in the preceding two subparagraphs, the issuer shall conduct the "Issuer Depository Account/Registration Account - Deposited Securities Account Transfer" transaction (transaction code 671) to notify the centralized securities depository enterprise. After the centralized securities depository enterprise receives the aforementioned notice, it will transfer the stocks from the general custody account, specific custody account, or registration account into the investment account opened by the foreign shareholder.

Employees shall fill out the "Application for Transfer of Securities in an Issuer's Depository Account/Registration Account," indicating their nationality at appropriate places, and apply to the issuer. Once the issuer has verified the information, it shall fill out the "Application by Participant to Conduct a Restricted Online Transaction," indicating its employees are of foreign or mainland area nationality, and apply to the centralized securities depository enterprise for approval. After the centralized securities depository enterprise has checked the aforementioned documents and verify the employees' identities and transfer accounts, it will notify the issuer to execute the "Issuer Depository Account/Registration Account - Deposited Securities Account Transfer" transaction (transaction code 671). Once completed, the centralized securities depository enterprise will transfer the stocks from the general custody account, specific custody account, or registration account into the collective investment account for overseas foreign national or Mainland Area national employees opened by the issuer at a custodian. Employees referred to in the first paragraph do not include insiders such as shareholders who hold more than 10% of the issuer's shares.

1. The securities owner with depository account under securities firm may apply to his/her securities firm for documentary proof of holdings as of the registration termination date.
2. For securities owners with issuer's depository account or under the registered account, when an issuer is unable to print paper securities nor provide shareholding information, they may apply to the centralized securities depository enterprise for a record of registered quantity notified by the issuer as of the registration termination date.

1. Starting from the termination date, the centralized securities depository enterprise will suspend all book-entry delivery functions for the securities other than the extinguishment of pledge (transaction code 320), court-ordered attachment information setup (transaction code 150), court-ordered attachment information amendment (transaction code 151), and closing out of margin purchases and short sales.
2. Once the issuer delivers paper securities to the centralized securities depository enterprise, except for the newly-added withdrawal function, all other book-entry functions are still subject to the aforementioned restrictions.

1. The issuer shall open an "exchangeable bond account" (account type 41) under its central depository account and transfer the underlying stocks into this account for central depository purpose.
2. The issuer shall inform the centralized securities depository enterprise the following matters before issuing the exchangeable bond: (1) Approval documents issued by the competent authority (except for exchangeable bonds issued by the central government); (2) Issuance terms and the rules of public announcement and issuance; (3) Exchange price or adjusted exchange price; (4) Exchange suspension period; (5) Buy back/redemption period; and (6) Other requirements associated with exchange. Issuer shall notify the centralized securities depository enterprise of any changes to the aforementioned matters three business days prior to the effective date.
3. During the exchange period stipulated by the issuers, exchangeable corporate bond holders may present their securities passbooks and seal/signature-of-record to their participants to apply for an exchange of their bonds. The centralized securities depository enterprise will e-mail the exchange application data to the issuer or its transfer agent on the business day following the application date.
4. Once the issuer or its transfer agent has verified the information from the centralized securities depository enterprise, it would execute the "Exchangeable Bond Transfer" transaction (transaction code 259) within the period prescribed by the competent authority to provide relevant information to the centralized securities depository enterprise.
5. After the centralized securities depository enterprise confirms the data entered by the issuer or its shareholder services agent against the applicant's application, it would transfer the underlying stocks from the issuer's exchange account to the applicant's central depository account, and prepare and email the "Details of Underlying Stocks of Exchangeable Corporate Bonds Transferred" (report code ST120) to the issuer or its shareholder services agent on the business day following the stock transfer.

When companies listed on the TWSE, TPEx or the Emerging Stocks return stock capital in cash due to capital reduction or perform cash merger pursuant to the Business Mergers and Acquisitions Act, the centralized securities depository enterprise would provide the transfer agent with relevant data on the details of pledge, attachment, court's auction account, and data on court surety. For cash payment corresponds to these stocks, the transfer agent shall note the following:

1. Pledge: proceed in accordance with the pledge data of dividend distribution agreement between the pledgee and the pledgor provided by the centralized securities depository enterprise. If there is no distribution agreement between pledge parties concerning capital reduction/merger and acquisition/buy back/return of capital, the field shall be left blank and the monetary amount shall be placed under the issuer's or its transfer agent’s custody. Once the pledgor, pledgee or the buyer provides documents proving the removal of pledge, acquisition of pledged items or transfer of court auctions, the transfer agent would then deliver the monetary amount to the pledgor, pledgee or the buyer.
2. Attachment: the centralized securities depository enterprise would compile and provide the "Summary of Court Attachment Data" (report code ST56J) to the transfer agent and inform the execution agencies the reasons for changes in the companies listed on the TWSE, TPEx or the Emerging Stocks. Thus, the transfer agent shall place cash associated with attachment under custody and wait for the execution agencies' instructions to deliver the cash.
3. Details on court auction: place cash associated with the "Auction Details of Securities Owners List" provided by the centralized securities depository enterprise under custody and wait for the court's instructions to deliver the cash.
4. Court surety: money is remitted into the court surety account in accordance with the "Court Surety List" provided by the centralized securities depository enterprise to continue to serve as surety.

1. When the centralized securities depository enterprise's participant intents to return the stocks in the court's auction account to investors due to revocation of court orders, or returns of remaining auction items or dividends, the participant shall confirm the securities and the quantities to be returned in accordance with relevant documents, such as a court's letter. It shall then execute the "Auction Account Return Transfer" transaction (transaction code C64) to enter data of investors receiving the return or the "Transmittance of Auction Account Return Transfer Transactions" (transaction code C645) to deduct the remaining balance of the court's auction account and the quantities from the details of investors.
2. Upon receiving the notice, the centralized securities depository enterprise would transfer the stocks from the court's auction account to the "Details of Securities Owners" under the issuer's registration account and register them in the shareholders' names.
3. When reconciling accounts, the transfer agent can execute the "Details Change under Registration Account Query" transaction (transaction code A54) and choose "C64-Auction Account Return Transfer" as query transaction code to verify data transferred and maintain relevant information.