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

Chapter 1:　　General Principles

1.These Directions are prescribed by the Central Bank of the Republic of China 
(Taiwan) ("Central Bank") in order to establish an Electronic Bidding System 
("EBS") for central government bonds and treasury bills.

2. Electronic online bidding for central government bonds and treasury bills shall
　 be handled in accordance with these Directions. Matters not prescribed in these 
　 Directions shall be handled in accordance with the Directions for the Sales and 
　 Buybacks of Central Government Bonds, the Directions for the Sales and Buybacks 
　 of Treasury Bills, the Government Certification Authority Certification Practice 
　 Statement, Ministry of Economic Affairs Certification Authority Certification 
　 Practice Statement and other relevant laws and regulations.

3.A digital signature mechanism shall be used for the transmission of information
　over the EBS, with authentication and certificate issuance services performed by
　the Government Certification Authority, the National Development Council 
　(“the NDC”)  and Certification Authority, Ministry of Economic Affairs.The NDC 
　and the authority for company registration shall undertakehead-end registration 
　management on behalf of the Certification Authority, handling the verification 
　of system participant identities and certificate applications and revocation.