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

11.

11. Any of the following circumstances will result in a tender being deemed void:

(1)A tender not submitted in the format prescribed by the Department of the Treasury .

(2)A tender not delivered in a sealed envelope.

(3)The seal of the dealer not complying with the sample seal impression.

(4)The number of tenders exceeds the prescribed number.

(5)Other circumstances not in conformance with bidding regulations.

Under any of the following circumstances, a bid will be considered void:

(1)The bid price or yield not written in Arabic numerals or having been altered or illegible.

(2)The bid amount or subscription amount not written in Arabic numerals or having been altered or illegible.

(3)Minimum bid amount for a competitive bid or minimum subscription amount for a noncompetitive bid lower than those prescribed in subparagraph 2, Direction 10.