Whole Section

  • 12.1 Fungibility

    • 12.1.1

      All securities to be delivered by CDP to the Designated Securities Account or to be received by CDP from the Designated Securities Account pursuant to the DVP transactions (advance or otherwise) shall be fungible securities.

      Amended on 3 October 20093 October 2009.

    • 12.1.2

      The securities to be delivered by CDP to the Designated Securities Account pursuant to a receiving instruction shall not be segregated or identifiable as securities formerly belonging to or under the control of any person.

      Amended on 3 October 20093 October 2009 and 26 April 201326 April 2013

    • 12.1.3

      The securities to be delivered to CDP pursuant to a delivery instruction shall be delivered free of any interest of any person.

      Amended on 3 October 20093 October 2009.