Each Clearing Member shall pay CDP such administrative fees as may be prescribed by CDP and notified to the Clearing Member from time to time for the investment and management of the assets of the Clearing Fund and any excess monies or assets placed with CDP in respect of the Clearing Fund. Administrative fees may be deducted from the interest on the assets of the Clearing Fund, and on any excess monies or assets placed with CDP in respect of the Clearing Fund, payable to the Clearing Member by CDP pursuant to this Rule 7.7A or paid directly to CDP as determined by CDP.

Added on 21 January 201321 January 2013.

Interest and any other sums accruing to the assets of the Clearing Fund shall not form part of the assets of the Clearing Fund.

Added on 21 January 201321 January 2013.

CDP shall pay the Clearing Member interest on their respective contributions to the Clearing Fund and on any excess monies or assets placed with CDP in respect of the Clearing Fund at such rate and in such manner as prescribed by CDP and notified to the Clearing Member.

Added on 21 January 201321 January 2013 and amended on 26 May 2023.

Except as set forth in this Rule, CDP shall have no obligation to make payment of any other fees, interest and investment earnings arising from or in connection with the assets of the Clearing Fund, and any excess monies or assets placed with CDP in respect of the Clearing Fund, to any person.

Added on 21 January 201321 January 2013.