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Settlement Guarantee Fund

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Full Text of the Document

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....of trades executed on a bullion exchange. (2) The contribution to the Settlement Guarantee Fund shall be made by the bullion exchange, the bullion clearing corporation, the bullion trading members and clearing members, in a manner as may be specified by the Authority. (3) In the event of a bullion clearing member failing to fulfill its settlement obligations, the amount lying in the Settleme....

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