Regulations Governing the Management of Collective Trust Funds Article 19

A trust enterprise may substitute the issuance and transfer of beneficial securities with the production and book-entry transfer of other documents representing beneficiary rights.A beneficiary who intends to exercise beneficiary rights shall do so based on the beneficial securities held or other documents representing beneficiary rights.With respect to the negotiability of collective trust fund beneficiary rights, a beneficiary may, according to the methods stipulated in the collective trust fund agreement, transfer beneficial securities or other documents representing beneficiary rights to a third party, or request the trust enterprise to terminate the agreement.
中文原文 共同信託基金管理辦法第19條
信託業得以其他表彰受益權證明文件之製發及劃帳,替代受益證券之發行及轉讓。
受益人行使受益權,應以持有受益證券或其他表彰受益權之證明文件為之。
共同信託基金受益權之流通,受益人得依共同信託基金契約之約定方式,將受益證券或其他表彰受益權之證明文件轉讓予第三人或向信託業請求終止契約。

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