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The Financial Markets and Insolvency Regulations 1998
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- UK Statutory Instruments
- 1998 No. 1748
- Regulation 4
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Definition of market contracts
4. Section 155(3) shall be replaced by the following—
“(3)In relation to a recognised clearing house, this Part applies to contracts entered into by the clearing house with a member of the clearing house for the purpose of enabling the rights and liabilities of that member under transactions in investments to be settled.”
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