SGX Rulebooks
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The receipt by a Settlement Bank of the Net-Net Credit Balance from CDP shall operate as a complete release and discharge on that Settlement Day:

(a) to CDP of its obligation to pay the Net Credit Balance payable to a Principal represented by that Settlement Bank; and
(b) to a Principal represented by that Settlement Bank of its obligation to pay the Net Debit Balance payable to CDP.

Added on 25 February 201125 February 2011 and amended on 26 April 201326 April 2013.