Location: Rulebooks > CDP Clearing Rules > Rule 7 — Clearing Fund > 7.10 Top-Up of Clearing Member's Contributions in an Event of Default > 7.10.3

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7.10.2 7.11 Resignation
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(2 versions)
  
Up to May 2 2011May 3 2011 onwards

7.10.3

Past version: effective up to May 2 2011.
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If any amount is paid out of a Clearing Member's Contributions pursuant to the third Stage of the Order in Rule 7.9.1(3) the Clearing Member shall, upon demand by CDP, top-up the deficiency in its Contribution arising from the said payment. CDP shall notify each of the Clearing Members in writing of the amount payable by it to CDP under this Rule.

Amended on 1 July 2008.

7.10.2 7.11 Resignation