Template:Nutshell 2018 CSD 11(j): Difference between revisions

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{{imcsdprov|11(j)}} '''[[(More) Interpretation - IM CSD Provision|Interpretation]]'''. All references to laws or regulations in this {{imcsdprov|Deed}} will be to them as amended or replaced from time to time, and will include subordinate regulations. To work out whether if a {{imcsdprov|Transaction}} is a {{imcsdprov|Covered Transaction (IM)}} and what margin applies to it, the laws and regulations applied will be those in effect when it was executed.
{{imcsdprov|11(j)}} '''[[(More) Interpretation - IM CSD Provision|Interpretation]]'''. All references to laws and regulations in this {{imcsdprov|Deed}} will be to those laws and regulations as they are amended or replaced [[from time to time]], and will include subordinate regulations. To work out whether if a {{imcsdprov|Transaction}} is a {{imcsdprov|Covered Transaction (IM)}} and what margin applies to it, apply the regulations in effect when the {{imcsdprov|Transaction}} was executed.

Revision as of 14:27, 7 May 2021

11(j) Interpretation. All references to laws and regulations in this Deed will be to those laws and regulations as they are amended or replaced from time to time, and will include subordinate regulations. To work out whether if a Transaction is a Covered Transaction (IM) and what margin applies to it, apply the regulations in effect when the Transaction was executed.

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