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Laws and Regulations Database of the Central Bank of the Republic of China-Clause View
16.

16. For emergency funding requirements caused by the following conditions, banks may submit a letter of explanation to the Bank, along with the Bank-approved securities or reserves accounts B as collateral, to apply to the Bank for discount of secured loans:

(1) Occurrence of unusual depositor withdrawals.

(2) Occurrence of unusual depositor withdrawals at financial institutions responding to the need to remit deposit reserves to the said bank, when the said bank undertakes emergency funding accommodations according to procedures.

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