Whole Section

  • 4.2 Submissions of DVP Instructions and Cancellations of DVP Transactions by Depository Agent

    • 4.2.1

      All DVP instructions shall be submitted by the Depository Agent as agent for the Principal. Any reference in these DVP Rules to a DVP instruction submitted by the Principal shall mean that instruction so submitted by the Depository Agent as agent for the Principal.

      Amended on 3 October 20093 October 2009.

    • 4.2.2

      All cancellation of DVP transactions (advance or otherwise) shall be submitted by the Depository Agent as agent for the Principal. Any reference in these DVP Rules to a DVP transaction (advance or otherwise) cancelled by the Principal shall mean that DVP transaction so cancelled by the Depository Agent as agent for the Principal.

      Amended on 3 October 20093 October 2009.

    • 4.2.3

      All settlement instructions in DVP Settlement shall be made by the Depository Agent as agent for the Principal.

      Amended on 3 October 20093 October 2009.

    • 4.2.4

      CDP shall be entitled (but shall not be obliged) to act only on submissions and cancellation of DVP instructions and/or transactions in DVP Settlement made by a Depository Agent to the exclusion of its Principal.

      Amended on 3 October 20093 October 2009.