7.9.3

Past version: Effective up to 02 May 2011

Once all the Stages of the Order have been exhausted in any Relevant Period, any current or subsequent drawing on the Clearing Fund in that Relevant Period shall revert to the strict sequence of the Order, provided always that:—

(1) (subject to Rule 7.12) CDP Contribution, once paid out in full, shall not be topped up by CDP; and
(2) the policy(ies) of insurance (referred to in Rule 7.9.1(4)), once paid out in full in any Relevant Period, may have limitations on the time periods during which the insured amount, after having been fully paid out in that Relevant Period, will be next available for payment out of the Clearing Fund (whether in that Relevant Period or the next Relevant Period), and any such current or subsequent drawing will be subject to any terms and conditions of the policy(ies) of insurance.