25.
25.
Under any of the following circumstances, the Bank may consider requiring a dealer to post a
deposit:
(1) Without positive net income after taxes in the latest fiscal year.
(2) Where a dealer’s actual paid-in capital is below NT$1 billion or net worth per share is
below par value.
The deposit referred to in the preceding Paragraph shall only be offset by book-entry
central government securities with the performance of public guarantee registration.
Where a dealer fails to post a deposit within the prescribed period of time and in the
prescribed manner or a deposit posted is insufficient, the Bank may suspend its
participation in auctions until the deposit is made or replenished.
A successful bidder who fails to deliver the payment for central government bonds and thus
causes the price of the second auction being lower than the original price shall be liable
for the difference and any expenses from the second auction.
The difference and any expenses referred to in the preceding paragraph shall be guaranteed
and paid off in a deposit posted pursuant to paragraph 1; if there is any shortfall, a
successful bidder shall still be liable for it.
Under any of the following circumstances and without the difference and any expenses
payable, a dealer may request the Bank to return its deposit posted in accordance with
paragraph 1; where there is payment in accordance with the preceding paragraph, the return
of the balance may only be requested：
(1) A dealer having been free of any of circumstances prescribed in the Subparagraphs of the
Paragraph 1.
(2) The dealer’s commission having been terminated by the Bank.
