6.5.2A

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CDP Clearing Rules

Rule 6 — Clearing and Settlement between Clearing Members and CDP 6.5 Settlement of Securities in respect of Novated Contracts

Up to 25 Apr 2013
26 Apr 2013 to 09 Dec 2018
10 Dec 2018 onwards

A Clearing Member shall ensure that the securities required to meet its delivery obligation in respect of Novated Contracts are made available in such manner and by such time as provided in the CDP Settlement Rules to enable the delivery of those securities on the Settlement Day that the obligation is due. Failure by a Clearing Member to comply with this Rule 6.5.2A shall subject the Clearing Member to Rule 6.7.

Added on 20 November 2009 20 November 2009 and amended on 26 April 2013 26 April 2013 and 10 December 2018 10 December 2018.