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| {{nuts|equity derivatives|12.9(a)(ii)}} | | {{eqdmanual|12.9(a)(ii)}} |
| {{eqderivsnap|12.9(a)(ii)}}
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| ==Commentary==
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| ====Omission of "material increase in costs" limb====
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| The industry has generally moved to omit the "{{eqderivprov|Increased Cost of Hedging}}" aspects of this definition (because it is dealt with there). You may see this expressed as: "Applicable, provided that section {{eqderivprov|12.9(a)(ii)(Y)}} of the Equity Definitions does not apply." See also, for example, the [[2007 European Master Equity Derivatives Confirmation Agreement]], which provides the following:
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| {{eqderivsnap|Amended Change In Law}}
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| ===Consequences===
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| The consequences of a {{eqderivprov|Change in Law}} (or an {{eqderivprov|Insolvency Filing}} are set out in {{eqderivprov|12.9(b)(i)}}:
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| {{eqderivsnap|12.9(b)(i)}}
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| {{triplecocktail}}
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| {{eqderivanatomy}}
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