Regulations Governing the Sale of Securities Obtained by Securities Underwriters on a Firm Commitment Basis Article 7

When a securities underwriter sells securities under subparagraph 2 of paragraph 1 of Article 2, the settlement shall be performed on a delivery against cash payment basis.
中文原文 證券承銷商取得包銷有價證券出售辦法第7條
證券承銷商依第二條第一項第二款出售有價證券時,應採現款、現貨交割。

English translation for reference only; the Chinese text prevails. Not legal advice.