Common use of Obligation of Dealers Clause in Contracts

Obligation of Dealers. ‌ All dealers are subject to the AFMA Code of Conduct. Price discrepancies should be discussed and corrected by 2:30pm wherever possible. If a settlement failure is imminent it is the obligation of the failing entity to exercise due diligence to settle the transaction and source securities via {a} the market or {b} Reserve Bank of Australia Securities Lending Facility (refer to Addendum 1), AOFM securities lending facility (refer Section 3.20) or {c} via State Government Securities Lending Facilities (refer Section 3.21) where possible.

Obligation of Dealers. ‌ All dealers are subject to the AFMA Code of Conduct. Price discrepancies should be discussed and corrected by 2:30pm wherever possible. If a settlement failure is imminent imminent. In the event of a settlement failure it is the obligation of the failing entity to exercise due diligence to settle the transaction and source securities via {a} the market or {b} Reserve Bank of Australia Securities Lending Facility (refer to Addendum 1), AOFM securities lending facility (refer Section 3.20) or {c} via State Government Securities Lending Facilities (refer Section 3.21) where possible.

Obligation of Dealers. ‌ All dealers are subject to the AFMA Code of Conduct. Price discrepancies should be discussed and corrected by 2:30pm wherever possible. If a settlement failure is imminent imminent. In the event of a settlement failure it is the obligation of the failing entity to exercise due diligence to settle the transaction and source securities via {a} the market or {b} Reserve Bank of Australia Securities Lending Facility (refer to Addendum 1), AOFM securities lending facility (refer Section 3.20) or {c} via State Government Securities Lending Facilities (refer Section 3.21) where possible.