Regulations Governing Investment in Securities by Overseas Compatriots and Foreign Nationals Article 25

Articles 16 to 18 and Articles 21 to 23 shall apply mutatis mutandis where an offshore overseas compatriots or foreign national exchanges, converts into, or subscribes to the securities of an issuing company pursuant to the preceding article.Articles 10 and 19 shall apply mutatis mutandis where an overseas compatriots or foreign national exchanges, converts into, or subscribes to the securities of an issuing company pursuant to the preceding article; provided, however, that the provisions of said articles shall not apply to overseas compatriots or foreign nationals that have received approval or registration to invest in domestic securities.Where overseas compatriots or foreign nationals act before the 27 June 2003 amendments to these Regulations enter into force to open a dedicated account for the conversion of overseas convertible corporate bonds in accordance with regulations, after submitting the necessary documentation they shall apply to the TWSE, to process a transfer of assets.