Modifications etc. (not altering text)
C1Sch. 4 modified (1.3.1994) by S.I. 1994/188, reg. 4(a)
3(1)The exchange must have adequate arrangements and resources for the effective monitoring and enforcement of compliance with its rules and any clearing arrangements made by it.
(2)The arrangements for monitoring may make provision for that function to be performed on behalf of the exchange (and without affecting its responsibility) by any other body or person who is able and willing to perform it.