Template:M comp disc GMSLA 6.1: Difference between revisions

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(Created page with "There is no specific equivalent in the {{pgmsla}} but the effect of this clause — since it only applies now to Loaned Seciurities and not collateral, so wouldn’t otherwise...")
 
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There is no specific equivalent in the {{pgmsla}} but the effect of this clause — since it only applies now to Loaned Seciurities and not collateral, so wouldn’t otherwise need to be repeated — is injected into the closing cadences of Clause {{pgmslaprov|6.2}} — a small gesture towards verbal economy that, for once, probably wasn’t worth it, seeing as it throws the numbering out between the {{gmsla}} and the {{pgmsla}}, and makes people starting at the new document for the first time go, “now, why did they remove that bit about withholding on {{pgmslaprov|Income}} payments?”. Answer: they ''didn’t''.
There is no specific equivalent in the {{pgmsla}} but the effect of this clause — since it only applies now to {{pgmslaprov|Loaned Securities}} and not {{gmslaprov|Collateral}}, so wouldn’t otherwise need to be repeated — is injected into the closing cadences of Clause {{pgmslaprov|6.2}} — a small gesture towards verbal economy that, for once, probably wasn’t worth it, seeing as it throws the numbering out between the {{gmsla}} and the {{pgmsla}}, and makes people starting at the new document for the first time go, “now, why did they remove that bit about withholding on {{pgmslaprov|Income}} payments?”. Answer: they ''didn’t''.