Template:M summ IETA 5.1(b): Difference between revisions
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Amwelladmin (talk | contribs) Created page with "Clause {{ietaprov|5.1(b)}} is oddly arranged, pre-cross-referencing the sub-paragraphs with trade details, when it should just be setting them out. A more intuitive way of laying it out might have been this: {{quote| 5.1(b) Each Confirmation must specify the following details ('''Trade Details'''): :(i) an Allowance Type :(ii) an Allowance Price :(iii) a PTA Quantity :(iv) a Specified Period and :(v) Payment Due Date. 5.1(bb) Where a Confirmation specifies more than on..." |
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Clause {{ietaprov|5.1(b)}} is oddly arranged, pre-cross-referencing the sub-paragraphs with trade details, when it should just be setting them out. A more intuitive way of laying it out might have been this: | Clause {{ietaprov|5.1(b)}} is oddly arranged, pre-cross-referencing the sub-paragraphs with trade details, when it should just be setting them out. A more intuitive way of laying it out might have been this: | ||
{{quote| | {{quote| | ||
5.1(b) Each Confirmation must specify the following details ('''Trade Details'''): | 5.1(b) '''Trade Details''': Each {{isdaprov|Confirmation}} must specify the following details ('''{{isdaprov|Trade Details}}'''): | ||
:(i) an Allowance Type | :(i) an {{isdaprov|Allowance Type}}. | ||
:(ii) an Allowance Price | :(ii) an {{isdaprov|Allowance Price}}. | ||
:(iii) a PTA Quantity | :(iii) a {{isdaprov|PTA Quantity}}. | ||
:(iv) a Specified Period | :(iv) a {{isdaprov|Specified Period}}. | ||
:(v) Payment Due Date. | :(v) {{isdaprov|Payment Due Date}}. | ||
5.1(bb) Where | 5.1(bb) '''Multiple Delivery Dates''': Where one {{isdaprov|Confirmation}} specifies separate {{isdaprov|Trade Details}} for multiple {{isdaprov|Delivery Date}}, each {{isdaprov|Transfer}} on each {{isdaprov|Delivery Date}} will be a separate {{isdaprov|Transaction}}, on identical terms but for the relevant {{isdaprov|Delivery Date}} and {{isdaprov|Trade Details}}.}} | ||
But look that’s just me. | But look that’s just me. | ||
Latest revision as of 16:23, 6 July 2023
Clause 5.1(b) is oddly arranged, pre-cross-referencing the sub-paragraphs with trade details, when it should just be setting them out. A more intuitive way of laying it out might have been this:
5.1(b) Trade Details: Each Confirmation must specify the following details (Trade Details):
- (i) an Allowance Type.
- (ii) an Allowance Price.
- (iii) a PTA Quantity.
- (iv) a Specified Period.
- (v) Payment Due Date.
5.1(bb) Multiple Delivery Dates: Where one Confirmation specifies separate Trade Details for multiple Delivery Date, each Transfer on each Delivery Date will be a separate Transaction, on identical terms but for the relevant Delivery Date and Trade Details.
But look that’s just me.