SGX Rulebooks
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The Clearing Member shall not take any action or do anything that will directly or indirectly interfere with, prohibit, restrict or inhibit the ability of CDP to so apply such contributions to the Clearing Fund, margins or other Collateral and CDP shall, except where it has acted in bad faith, be under no liability to the Clearing Member or any other person whatsoever in so applying such contributions to the Clearing Fund, margins or other Collateral and the Clearing Member shall fully indemnify and keep indemnified CDP and hold CDP harmless against any such liability.

Added on 23 January 200923 January 2009 and amended on 21 January 201321 January 2013 and 26 May 2023.