Whole Section

  • 3.1 Novation

    • 3.1.1

      An instruction submitted for DVP Settlement shall not be eligible for DVP Settlement if there are no corresponding instructions for matching.

      Amended on 3 October 20093 October 2009.

    • 3.1.2

      Subject to Rule 3.6, all matched and validated transactions accepted for DVP Settlement shall be novated to CDP in accordance with this Rule.

      Amended on 3 October 20093 October 2009.