SCHEDULES

SCHEDULE 21U.K. Additional Requirements for Recognition

Part IIU.K. U.K. clearing houses

Delegation of functions in connection with default proceduresU.K.

12The rules may make provision for the whole or part of the functions mentioned in paragraphs 8 to 11 to be performed by another body or person on behalf of the clearing house.

Commencement Information

I1Sch. 21 wholly in force at 25.4.1991; Sch. 21 in force on 25.3.1991 insofar as is necessary to enable regulations to be made under para. 2(3) and wholly in force at 25.4.1991 see s. 215(2) and S.I. 1991/488, art. 2(2), 1991/878, art. 2, Sch.