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Netting and payments finality : proposed changes to the law

Sachin Zodgekar

Published date:

01 September 1996

Reference:

Vol. 59. No. 3. September 1996

Netting and payments finality : proposed changes to the law

pdf 1.13 MB

This article outlines the proposed changes to insolvency law, contained in two discussion papers recently released by the Reserve Bank, which the enforceability of netting arrangements and the finality of payments settled on the day that an insolvency commences.