SGX Rulebooks
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DVP Rules [Entire Rulebook has been deleted]

14.1.1

The Participants shall abide by these DVP Rules and shall be bound by all the provisions hereof including the provisions prescribing the rights and remedies which CDP shall have with respect to securities held in the Designated Securities Accounts. Notwithstanding that the Participant may have ceased to be a participant, the Participant and its successors in title and assigns shall continue to be bound by these DVP Rules as to all matters and transactions occurring while the Participant was a participant.

14.2.1

CDP reserves the right in its absolute discretion to amend these DVP Rules at any time. Such amendment shall become effective on such date as may be specified in the written notice to be given to the Participant. The Participant shall be deemed, by continuing to participate in DVP Settlement at the time the amendment takes effect, to consent to and agree to be bound by the DVP Rules as amended.

14.2.2

The Participant will be bound by any amendment to these DVP Rules with respect to any transaction occurring subsequent to the time such amendment takes effect as fully as though such amendment were now a part of these DVP Rules, provided, however, that no such amendment shall affect the Participant's rights to cease to be a Participant.

14.3.1

CDP may from time to time issue Directives or Regulatory Notices relating to DVP Settlement and such Directives and Regulatory Notices shall be binding on the Participant and shall form part of these DVP Rules.

Amended on 3 October 20093 October 2009.

14.4.1

CDP may impose such fine or fines as it may deem appropriate on any Participant for any breach of these DVP Rules.

14.4.2

In addition to any fines imposed, CDP may issue a reprimand, whether publicly or privately, against the Participant or effect such sanctions or take such disciplinary action against the Participant as it may deem appropriate for any breach of these DVP Rules.

Amended on 3 October 20093 October 2009.