Lodgment for Security of Debt
To enable investors to deposit in the form of centralized custody securities, Article 7 paragraph 2 and Article 13 paragraph 2 was added to Deposit Law in 2005. If the securities are kept and registered in the form of registration or book-entry, the corresponding deposit procedures and the substituting receiving procedures of repayment of withdrawn securities, replacement securities, and interests are authorized to be defined by Judicial Yuan. Hence, Judicial Yuan then stipulated "Centralized Custody Securities Deposits and the Substituting Procedures of Withdrawing the Repayment, Replacement Securities, and Interests" on July 5, 2010, amended relevant procedures in 2017, and promulgated the regulations on July 3 of the same year. In accordance with the regulations, TDCC plans deposit operations for book-entry of centralized custody securities and lodgment for security debt to strengthen the book-entry function for centralized custody and to meet investors' needs for securities deposit.