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There are currently no known outstanding effects for the The Cash Ratio Deposits (Eligible Liabilities) Order 1998, Section 5.
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5.—(1) In calculating the amount of an eligible institution’s liability to make a payment for the purchase of, or otherwise in return for the transfer to it of, securities or other assets under a retransfer agreement, the amount of the institution’s liability to make such a payment shall be reduced by the amount of any deposit paid by the institution under that agreement.
(2) In calculating the amount of an eligible institution’s claim to receive a payment for the sale of, or otherwise in return for the transfer by it of, securities or other assets under a retransfer agreement, the amount of the institution’s claim shall be reduced by the amount of any deposit paid to the institution under that agreement.
(3) In calculating the amount payable by or to an eligible institution under a retransfer agreement involving the purchase of securities or other assets, no account shall be taken of any amount by which the purchase price under the agreement exceeds the sale price of the securities or other assets originally sold under the agreement (but ignoring in the case of both purchase price and sale price any amount payable in respect of any income which has accrued on the securities or other assets purchased or sold).
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