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Laws and Regulations Database of the Central Bank of the Republic of China-Article Content

Title:Regulations Governing the Business of Negotiable Instruments Exchange and Clearance of Accounts among Banks Open new window for Chinese

Announced Date:December 29, 1980

Date:Amended on February 1, 2019

[Law Basis] [Print]

I.   General Provisions

〈Legal Basis〉
Article 1
These Regulations are prescribed pursuant to Article 32 of the Central Bank of the Republic of China (Taiwan) Act.

〈Definition〉
Article 2
"Business of negotiable instruments exchange and clearance of accounts among banks” as used in these Regulations refers to the exchange of negotiable instruments between financial institutions, the clearance of amounts receivable or payable among financial institutions and relevant businesses.
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