SCCASS Participant Items definition

SCCASS Participant Items means ECG Items for clearing generated by CCASS which are presented and settled on Day D including (i) amendments to SCCASS Participant Items submitted by HKSCC to HKICL after the initial clearing process and (ii) further amendments to SCCASS Participant Items submitted by Members to HKSCC after the settlement of SCCASS Participant Items in accordance with Schedule III.

Examples of SCCASS Participant Items in a sentence

• This Rule 7.1.6 does not apply to JETCO Items, SJET Items, Credit Card Items, CCASS Participant Items, E-bill Payments, Returned Articles of E-bill Payments, SCCASS Participant Items and OTC Items.

• This Rule 7.1.6 does not apply to CCASS Participant Items, E-bill Payments, Returned Articles of E-bill Payments, SCCASS Participant Items, SCASSN Participant Items and OTC Items.

• A SCCASS Optimiser Payment Instruction will be effected and settled through CHATS simultaneously with the Bulk Clearing Settlement Run for SCCASS Participant Items.

• The projected balance of a CHATS Ledger Account in respect of the Extracted SCCASS Optimiser Payment Instructions (taking into account payments or receipts by virtue of SCCASS Optimiser Payment Instructions and the SCCASS Participant Items) will be computed in accordance with the formula stipulated in Operating Procedures.

• The Interest Adjustment Scheme does not apply to amounts payable or receivable in a Bulk Clearing Settlement Run of Credit Card Items, E-bill Payments, Returned E-bill Payments due to refund, SCCASS Participant Items (other than further amendments to SCCASS Participant Items reported by Members to CCASS after completion of the Bulk Clearing Settlement Run for SCCASS Participant Items but before 20.00 hours on Day D) and OTC Items.

• A Sender should input SCCASS Optimiser Payment Instructions to the Clearing House Computer according to the timetable stipulated in the Operating Procedures so that such SCCASS Optimiser Payment Instructions can be extracted (“Extracted SCCASS Optimiser Payment Instructions”) and settled simultaneously with the SCCASS Participant Items.

• This Rule 7.1.6 does not apply to Credit Card Items, CCASS Participant Items, E-bill Payments, Returned E-bill Payments, SCCASS Participant Items and OTC Items.

• On February 3, 2011, the district court denied that motion and entered final judgment in favor of the defendants, dismissing Count VII as moot consistent with the parties’ positions.