Regulations Governing Securities Borrowing and Lending by Securities Firms Article 19
If during the term of a securities borrowing and lending agreement, because of a natural disaster or other emergency, trading on the securities market is suspended across the board or is suspended for a security that is a subject matter of the agreement, and the time for resumption of trading has not been determined, the securities firm shall notify the customer to close out the securities borrowing and lending transaction in either of the following manners within a stated period of time:1.Apply to the securities exchange or over-the-counter securities market for purchase of the subject security by public tender offer, with any expense arising from the public tender offer to be borne by the customer.2.Settle the transaction by cash, as agreed between the two parties.
中文原文 證券商辦理有價證券借貸管理辦法第19條
證券商辦理有價證券借貸業務,於有價證券借貸契約存續期間,如遇天然災害或其他非常事故,致證券市場全部停止交易或停止某種證券之買賣,而未定恢復期限者,證券商應通知其客戶於約定期間內,得依下列方式了結有價證券借貸交易:
一、向證券交易所或證券櫃檯買賣中心申請辦理公開標購,標購費用由該客戶負擔。
二、由雙方協議以現金償還了結。
一、向證券交易所或證券櫃檯買賣中心申請辦理公開標購,標購費用由該客戶負擔。
二、由雙方協議以現金償還了結。