8.3.4

Past version: Effective up to 24 Feb 2011

Notwithstanding any manifest error in the Settlement Bank Net Money Settlement Statement, or any failure by any Principal represented by the Settlement Bank to pay the Net Debit Balance to the Settlement Bank, the Settlement Bank shall pay the Net-Net Debit Balance as stated in the Settlement Bank Net Money Settlement Statement to CDP by the DVP Payment Cut-Off Time. Any disputes as to the amounts stated in the Settlement Bank Net Money Settlement Statement may only be considered by CDP only after the DVP Payment Cut-Off Time on the Settlement Day and any monies to be refunded shall be refunded free of interest to the Settlement Bank by crediting the amount to the Settlement Banks' Net-Net Debit or Net-Net Credit Balance (as the case may be) on the next Settlement Day after the Settlement Day on which the dispute is resolved.