Common use of Segregation of Designated Investments Clause in Contracts

Segregation of Designated Investments. We may also arrange to hold client money, that is subject to a non- statutory trust, in separately permitted designated investments with a value at least equivalent to the money that would otherwise have been paid into a client bank account. If We do this, We will be responsible for meeting any shortfall in Our client money resource which is attributable to falls in the market value of a segregated investment. Any investment returns on any segregated designated investments will be retained by Us. Commission Where client money is held on a non- statutory trust, We can only withdraw commission from the client bank account in the following circumstances;

Segregation of Designated Investments. We may also arrange to hold client money, that is subject to a non- non-statutory trust, in separately permitted designated investments with a value at least equivalent to the money that would otherwise have been paid into a client bank account. If We do this, We will be responsible for meeting any shortfall in Our client money resource which is attributable to falls in the market value of a segregated investment. Any investment returns on any segregated designated investments will be retained by Us. Commission Where client money is held on a non- statutory trust, We can only withdraw commission from the client bank account in the following circumstances;