Laws and Regulations Database of the Central Bank of the Republic of China(Taiwan)

Section 3　　Securities Funds Settlement

53-1.Paragraphs 1,3,4,5 of Direction 50, and Direction 51 shall apply mutatis mutandis to 
　　 securities funds settlement.

53-2. A Clearing Institution applying to the Bank for settlement of funds under 
　　delivery-versus-payment arrangements for securities transactions in accordance 
　　with subparagraph 2, paragraph 1, Direction 28 shall transmit transaction-by–
　　transaction or the netting balance of each transaction cleared in accordance 
　　with the offsetting mechanism to the Bank for settlements.