Whole Section

  • 6.03 Delivery Default May be Major Offence

    • 6.03.2

      Without prejudice to Rule 6.03.1, the Clearing House may take such disciplinary action including imposing penalties in connection with the performance of Delivery Obligations as provided for under the relevant Contract Specifications. For the avoidance of doubt, penalties which the Clearing House may impose shall include penalties for any delivery default or late performance of any Delivery Obligation.

      Added on 1 October 20091 October 2009.