Versions

 

12.11.6

A Trading Member must not withdraw a Remisier's money from a trust account except to:—

(1) pay the Remisier;
(2) meet any amount due and payable by the Remisier to the Trading Member;
(3) reimburse the Trading Member money advanced to the trust account, and any interest and returns that the Trading Member is entitled to, provided the withdrawal does not result in the trust account becoming under-funded; or
(4) make a payment or withdrawal that is authorised by law.