8.3.4

Past version: Effective from 25 Feb 2011 to 25 Apr 2013

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 time stated in the Timetable. Any disputes as to the amounts stated in the Settlement Bank Net Money Settlement Statement may only be considered by CDP only after CDP has completed payment of Net-Net Credit Balances to Settlement Banks 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.

Amended on 25 February 201125 February 2011.