Securities and Exchange Act Article 150
The trading of listed securities shall be conducted on a centralized securities exchange market established by a stock exchange. However, this restriction shall not apply in the following circumstances:1. Trading of government bonds.2. Due to the operation of a law or regulation, it is impossible to acquire or dispose of the ownership of the securities through trading on the centralized securities market.3. Direct transfer of securities between private persons, the quantity of which does not exceed one trading unit of the securities, with an interval between any two such transfers of not less than three months.4. Other circumstances as prescribed by the Competent Authority.
中文原文 證券交易法第150條
上市有價證券之買賣，應於證券交易所開設之有價證券集中交易市場為之。
但左列各款不在此限：
一、政府所發行債券之買賣。
二、基於法律規定所生之效力，不能經由有價證券集中交易市場之買賣而取得或喪失證券所有權者。
三、私人間之直接讓受，其數量不超過該證券一個成交單位；前後兩次之讓受行為，相隔不少於三個月者。
四、其他符合主管機關所定事項者。
但左列各款不在此限：
一、政府所發行債券之買賣。
二、基於法律規定所生之效力，不能經由有價證券集中交易市場之買賣而取得或喪失證券所有權者。
三、私人間之直接讓受，其數量不超過該證券一個成交單位；前後兩次之讓受行為，相隔不少於三個月者。
四、其他符合主管機關所定事項者。