6A.10.2 Use and Set-off

Past version: Effective up to 20 Jan 2013

CDP shall be entitled to use and deal with any of the money and any other collateral acceptable to CDP, which has been received by CDP from a Clearing Member, in such manner as CDP shall in its absolute discretion think fit, provided that CDP shall not use any money or assets received and notified to it as being in relation to a Customer Account, to settle any obligation in relation to an account classified or reported to CDP as a House Account.

Added on 23 January 200923 January 2009.