Regulations Governing Securities Borrowing and Lending by Securities Firms Article 9

A securities firm may lend securities to the following persons only:1.A person who has a brokerage contract with the securities firm that has been in effect for a period of more than 3 months.2.Another securities firm or securities finance enterprise conducting securities borrowing and lending business or securities margin purchase and short sale business.3.Such other persons as may be approved by the competent authority.
中文原文 證券商辦理有價證券借貸管理辦法第9條
證券商出借有價證券之對象,以下列為限:
一、訂立委託買賣契約逾三個月以上者。
二、其他辦理有價證券借貸業務或有價證券融資融券業務之證券商或證券金融事業。
三、其他經主管機關核准者。

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