Whole Section

  • 1.2 Regard to be Had to Purpose or Object of the DVP Rules

    • 1.2.1

      Unless expressly provided to the contrary, the interpretation or application of or any other matter in connection with these DVP Rules (including, without limitation, Directives, Regulatory Notices, Practice Notes or other notification issued by CDP) shall be determined by CDP, whose decision shall be final and binding on all parties.

      Amended on 3 October 20093 October 2009.

    • 1.2.2

      In the interpretation of a Rule, a construction that would promote the purpose or object underlying the Rules (whether the purpose is expressly stated in the Rules or not) is to be preferred to a construction that would not promote that purpose or object.