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Valuation Date - CSA Provision: Difference between revisions
Valuation Date - CSA Provision (view source)
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{{fullanat2|csa|Valuation Date|2016|Valuation Date|1995}}{{fullanat2|csa|11(c)(ii)|2016|11(d)(ii)|2016}} | {{fullanat2|csa|Valuation Date|2016|Valuation Date|1995}}{{fullanat2|csa|11(c)(ii)|2016|11(d)(ii)|2016}} | ||
===2016 Variations=== | ===2016 Variations=== | ||
Note the introduction of a Valuation Date Location. Each party gets to choose one, being its own hometown. If you’re off dancing the maypole, or whatever collective cultural tradition you follow in your part of the world (In Czech Republic, at Easter the boys chase the girls round the kitchen table with riding crops I’m told. It’s hilarious), then no fear you’ll get called on to make a collateral transfer. | Note the introduction of a {{csaprov|Valuation Date Location}}. Each party gets to choose one, being its own hometown. If you’re off dancing the maypole, or whatever collective cultural tradition you follow in your part of the world (In Czech Republic, at Easter the boys chase the girls round the kitchen table with riding crops I’m told. It’s hilarious), then no fear you’ll get called on to make a collateral transfer. | ||
===The 1995 CSA transfer mechanics=== | ===The 1995 CSA transfer mechanics=== | ||
You might expect {{csaprov|Valuation Date}} to be stipulated in Paragraph {{csaprov|11}} as "any '''{{csaprov|Local Business Day}}'''". | You might expect {{csaprov|Valuation Date}} to be stipulated in Paragraph {{csaprov|11}} as "any '''{{csaprov|Local Business Day}}'''". | ||
{{CSA Transfer Description}} | {{CSA Transfer Description}} | ||