Past version: Effective from 10 Dec 2018 to 05 Sep 2021

If and to the extent that CDP determines that it is not or may not be possible or reasonably practicable to deliver securities under a New Purchase Contract, CDP may cash settle its obligation to deliver securities, in whole or in part.

Refer to Practice Note 6.5.1B(2), 6.6.2, 6.7.11, 8.4.1A, 8.5.2A and 8.6F.2

Added on 10 December 201810 December 2018.