7.7 Investment of Assets of Clearing Fund

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CDP Clearing Rules

Rule 7 — Clearing Fund

7.7 Investment of Assets of Clearing Fund

7.7.1

CDP may invest the assets and resources of the Clearing Fund in such manner as it shall deem fit.

7.7.2 [Rule has been deleted.]

Deleted on 21 January 2013 21 January 2013.

7.7.3

CDP may appoint such persons as it may deem suitably qualified to invest the assets and resources of the Clearing Fund.

7.7.4

CDP, if acting in good faith and in the absence of fraud or wilful misconduct on its part, shall not be liable for any losses in the investment of the assets or resources of the Clearing Fund.