SGX Rulebooks
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DVP Rules [Entire Rulebook has been deleted]
Rule 9 — Termination of Principal and Its DA

9.7.1

Any termination, suspension or withholding of the DA's participation in DVP Settlement (howsoever occasioned) shall not affect any accrued rights or liabilities of any Participant nor shall it affect the coming into force or the continuance in force of any provision hereof which is expressly or by implication intended to come into or continue in force on or after such event.

9.7.2

Upon any termination, withholding or suspension of the DA's participation in DVP Settlement:

(a) all liabilities and obligations of its Principal and/or the DA to CDP shall become due and owing; and
(b) the DA's Principal shall not be entitled to participate in DVP Settlement until the said Principal has appointed a substitute DA or unless the said Principal has in force an appointment of another DA.