Document ID: chunk:federal_register_of_legislation:F2018L00523:body:0:p2
Version: federal_register_of_legislation:F2018L00523
Segment Type: other
Provision Reference: 
Character Range: 2591–3332

trust or managed investment scheme, the Client is responsible to pay in cash any deficit owing to the Market Participant after the Closing Out of a Contract of the Client; and
(c) the Market Participant has a right of reasonable access to the accounts and records of the Client in its capacity as trustee or operator of a managed investment scheme, to enable the Market Participant to, at any point in time, assess its exposure to the trust or managed investment scheme.

7 Condition
A Market Participant must keep a written record of each Client in relation to which this instrument applies.
           Note:  The conditions imposed on a waiver must be complied with in order for the waiver to be effective: subrule 1.2.1(2) of the Rules.