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Netting of Financial Agreements Act 2015 · s 4
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Netting of Financial Agreements Act 2015 · s 4
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
The application of this Act in relation to financial collateral shall only extend to financial collateral provided in the form of—
cash or cash equivalents, including negotiable instruments and demand deposits;
securities, a securities account or a right to acquire securities; or
futures agreement or futures account.
Feature of qualified financial transaction