Whole Section

  • 15 General

    • 15.1 No Waiver

      Failure or delay by the Depository to enforce any of these CDP Rules, Directives or Circulars will not be construed as a waiver of its rights.

    • 15.2 Severability

      The invalidity, illegality or unenforceability in whole or in part of any of the provisions of these CDP Rules or the Directives or Circulars, shall not affect the validity, legality and enforceability of the remaining part or provisions of the rest of these CDP Rules and the Directives or Circulars.

    • 15.3 Non Exclusivity

      The Depository's rights and remedies under these rules are cumulative and not exclusive of any rights or remedies provided by law or by any agreement.

    • 15.4 Rights of Third Parties

      Save as provided in CDP Rules 1.1.2, 13 and 14, a person who is not a party to these CDP Rules has no rights under the Contracts (Rights of Third Parties) Act 2001 to enforce any terms of these CDP Rules.

      Amended on 18 January 2022.