Regulations Governing the Offering and Issuance of Securities by Foreign Issuers Article 29
After the issuance of TDRs, no additional depositary receipts shall be issued without obtaining an effective registration from the FSC, except under the following circumstances:1. Where new shares are issued as a result of cash capital increase and the original shareholders have the pre-emptive rights under the laws and regulations of the country of registration of the secondary exchange (or OTC) listed company, or the foreign issuer issues bonus shares, and additional TDRs corresponding to the amount of the newly issued shares may be issued; provided, that the additional depositary receipts shall carry the same rights and obligations as those of the TDRs for which effective registration was previously obtained from the FSC.2. Where TDRs have been redeemed, depositary receipts within the amount redeemed may be re-issued by the depositary institution; provided that the re-issuance by the depositary institution within the amount redeemed shall have been specifically authorized in the deposit contract and custody contract, and the shares represented by the re-issued TDRs may not be treasury shares repurchased by a secondary exchange (or OTC) listed company.For additional TDRs corresponding to the amount of the newly issued shares pursuant to subparagraph 1 of the preceding paragraph, the depositary institution shall deliver the additional depositary receipts to the holders within 30 days after the foreign issuer is permitted to issue new shares in accordance with the laws and regulations of its country of registration and shall, before delivery of the additional depositary receipts, make public announcement and file a report to the Central Bank of the total dollar amount and units of the issuance, the ratio of additional depositary receipts that a holder of each unit of the original depositary receipts is entitled to receive and the total amount of securities represented by the additional depositary receipts, and shall input the relevant information to the information disclosure website specified by the FSC.The additional TDRs issued in accordance with subparagraph 1 of paragraph 1 above shall be listed on the stock exchange or an OTC market on the date when such depositary receipts are delivered to the holders.The amount redeemed referred to in paragraph 1, subparagraph 2 of this article shall exclude any amount redeemed due to the repurchase of TDRs by a secondary exchange (or OTC) listed company.
中文原文 外國發行人募集與發行有價證券處理準則第29條
臺灣存託憑證發行後，除下列情形外，非經向本會申報生效，不得任意增加發行：
一、依第二上市（櫃）公司之註冊地國法令，現金增資發行新股原股東有優先認購權時，或外國發行人無償配發新股，而辦理增發相對數額之臺灣存託憑證者。
但以與經本會申報生效發行之臺灣存託憑證權利義務相同者為限。
二、臺灣存託憑證經兌回後，由存託機構在原兌回額度內再發行者。
惟以存託契約及保管契約已載明存託機構得於原兌回額度內再發行者為限，且再發行之股份不得為第二上市（櫃）公司買回之庫藏股。
依前項第一款增發相對數額之臺灣存託憑證者，存託機構應於外國發行人註冊地國法令規定得發行股票之日起三十日內，對臺灣存託憑證持有人交付臺灣存託憑證，並應於交付前公告並向中央銀行申報該次臺灣存託憑證發行總金額、單位總數、每單位臺灣存託憑證持有人增發之比例及該次臺灣存託憑證表彰之有價證券之數額，並將相關資訊輸入本會指定之資訊申報網站。
依第一項第一款增發之臺灣存託憑證於向持有人交付之日起上市或上櫃買賣。
第一項第二款所稱原兌回額度，應扣除因第二上市（櫃）公司買回臺灣存託憑證經兌回之數額。
一、依第二上市（櫃）公司之註冊地國法令，現金增資發行新股原股東有優先認購權時，或外國發行人無償配發新股，而辦理增發相對數額之臺灣存託憑證者。
但以與經本會申報生效發行之臺灣存託憑證權利義務相同者為限。
二、臺灣存託憑證經兌回後，由存託機構在原兌回額度內再發行者。
惟以存託契約及保管契約已載明存託機構得於原兌回額度內再發行者為限，且再發行之股份不得為第二上市（櫃）公司買回之庫藏股。
依前項第一款增發相對數額之臺灣存託憑證者，存託機構應於外國發行人註冊地國法令規定得發行股票之日起三十日內，對臺灣存託憑證持有人交付臺灣存託憑證，並應於交付前公告並向中央銀行申報該次臺灣存託憑證發行總金額、單位總數、每單位臺灣存託憑證持有人增發之比例及該次臺灣存託憑證表彰之有價證券之數額，並將相關資訊輸入本會指定之資訊申報網站。
依第一項第一款增發之臺灣存託憑證於向持有人交付之日起上市或上櫃買賣。
第一項第二款所稱原兌回額度，應扣除因第二上市（櫃）公司買回臺灣存託憑證經兌回之數額。