Template:Nutshell GMSLA 2000 6.1: Difference between revisions

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'''{{gmsla2000prov|6.1}} {{gmsla2000prov|Manufactured Payments}}''' <br>
'''{{gmsla2000prov|6.1}} {{gmsla2000prov|Manufactured Payments}}''' <br>
Where {{gmsla2000prov|Income}} is paid on any {{gmsla2000prov|Loaned Securities}} or {{gmsla2000prov|Collateral}} by reference to an {{gmsla2000prov|Income Payment Date}} the {{gmsla2000prov|Borrower}}, or {{gmsla2000prov|Lender}}, (as appropriate) must, on the relevant payment date (the '''{{gmsla2000prov|Relevant Payment Date}}''') manufacture an equivalent amount of {{gmsla2000prov|Income}} that, the other person would have been entitled to receive had it not delivered the asset in question under a {{gmsla2000prov|Loan}}. <br>
Where {{gmsla2000prov|Income}} is paid on any {{gmsla2000prov|Loaned Securities}} or {{gmsla2000prov|Collateral}} the {{gmsla2000prov|Borrower}} or {{gmsla2000prov|Lender}} (as appropriate) must manufacture an equivalent amount of {{gmsla2000prov|Income}} on the relevant payment date (the '''{{gmsla2000prov|Relevant Payment Date}}''') that the other person would have been entitled to receive from the issuer under had it not delivered the {{gmsla2000prov|Loaned Securities}} or {{gmsla2000prov|Collateral}} under a {{gmsla2000prov|Loan}}. <br>