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3.9.2A Procedures to Suspend Qualification of a Trading Member

(1) If a Clearing Member wishes to suspend its qualification of a Trading Member, it shall:—
(a) notify CDP of its decision to suspend its qualification of that Trading Member; and
(b) comply with any reasonable direction of CDP in relation to the suspension of the qualification of the Trading Member's Exchange Trades.
(2) A Clearing Member may suspend its qualification of a Trading Member for not more than 30 days. Before the end of the 30-day period, the Clearing Member must notify CDP in writing of its intention to either resume qualification or cease qualification of the Trading Member. Where the Clearing Member intends to cease qualification of the Trading Member, Rule 3.9.2 shall apply.

Added on 11 January 201111 January 2011