DVP Rules [Entire Rulebook has been deleted]
Rule 8 — The Settlement Bank
8.3 Settlement Bank Net Money Settlement Statement
If CDP is of the opinion that payment of the Net-Net Debit Balances or Net-Net Credit Balances or both is unlikely to commence by the scheduled time stated in the Timetable, CDP shall inform Settlement Banks of the following matters:
(a) that payment of the Net-Net Debit Balances or Net-Net Credit Balances or both is unlikely to take place at the scheduled time; and
(b) the estimated time at which the delayed payment shall be made.
CDP shall provide adequate time for Settlement Banks to make payment and and Settlement Banks shall effect payment by such time as stipulated by CDP.
Added on 25 February 201125 February 2011 and amended on 26 April 201326 April 2013.