In a Nutshell™ Section 8:
Paragraph 8. Expenses
Each party will be liable for its own costs (including stamp duties) of performing its obligations under this Annex).
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2016 VM CSA full text of Section 8:
Paragraph 8. Expenses
Each party will pay its own costs and expenses (including any stamp, transfer or similar transaction tax or duty payable on any transfer it is required to make under this Annex) in connection with performing its obligations under this Annex, and neither party will be liable for any such costs and expenses incurred by the other party.
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Related Agreements
Click here for the text of Section 8 in the 1995 English Law CSA
Click here for the text of Section 8 in the 2016 English Law VM CSA
Click [[{{{3}}} - NY VM CSA Provision|here]] for the text of the equivalent, Section [[{{{3}}} - NY VM CSA Provision|{{{3}}}]] in the 2016 NY Law VM CSA
Comparisons
1995 CSA and 2016 VM CSA: click for comparison
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Paragraph 8 of the 2016 VM CSA is identical to the equivalent in the 1995 CSA. Being a function of the common law of contract, it falls into the goes without saying category. But
ISDA’s crack drafting squad™ said it anyway.