7.2.1
Cash calls for deposit of money
(a) In respect of each Batch Settlement, CDP may issue, by the cut-off time set out in Appendix 1 of Regulatory Notice 3.4.1, or such other time as CDP may specify, cash calls for the deposit of money by a Settlement Participant with CDP to enable settlement of the Settlement Participant's payment obligations.
(b) The Settlement Participant must, by the cut-off time set out in Appendix 1 of Regulatory Notice 3.4.1, or such other time as CDP may specify, meet each such cash call.
(c) Nothing in these Rules precludes a Settlement Participant from depositing money with CDP to fund its Cash Ledger Account in the absence of a cash call.
(d) A Settlement Participant that fails to meet a cash call by the prescribed cut-off time shall be liable to CDP for any costs that CDP may incur as a result of, or in connection with, the failure.
Refer to Appendix 1 of Regulatory Notice 3.4.1.
Added on 10 December 201810 December 2018.
7.2.2
Availability of securities
In respect of each Batch Settlement Run, a Settlement Participant must, by the cut-off time set out in Appendix 1 of Regulatory Notice 3.4.1, or such other time as CDP may specify, make available, in such manner as CDP may determine, in the Delivering Securities Account, securities for settlement of its delivery obligations.
Refer to Appendix 1 of Regulatory Notice 3.4.1.
Added on 10 December 201810 December 2018.