Settlement Guarantee Fund utilisation permitted to meet member shortfalls before declaring default, subject to suspension and collateral conditions. Exchanges may utilise the Settlement Guarantee Fund and other monies to meet members' settlement fund shortages before declaring them defaulters, subject to bye law amendment. Where shortages exceed thresholds relative to Base Minimum Capital or recur within specified periods, trading is withdrawn and securities pay outs withheld; on recovery members face reduced gross exposure for a set number of settlements. Exposure may be restored upon absence of further shortages or by depositing funds shortage collateral (cash, FDR, or bank guarantee) held for the specified period. Outstanding amounts attract penal interest of not less than 0.09% per day.