6.5.1B

Past version: Effective from 10 Dec 2018 to 05 Sep 2021

On any Settlement Day, if and to the extent that the securities available to CDP are insufficient for CDP to settle its delivery obligations in respect of Novated Contracts that are due for settlement on that Settlement Day, CDP may:

(1) defer any of those delivery obligations, in whole or in part, for settlement on the next Settlement Day; or
(2) cash settle any of those delivery obligations, in whole or in part.

Added on 10 December 201810 December 2018.