# Companies Act 1989, Paragraph 11

Extent: E+W+S+N.I.

The clearing house must have adequate arrangements for securing that parties to unsettled market contracts with a defaulter are notified as soon as reasonably practicable of the default and of any decision taken under the rules in relation to contracts to which they are a party.

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Source: https://www.legislation.gov.uk/ukpga/1989/40/schedule/21/paragraph/11 (the official version)
Page: https://openlegislation.uk/companies-act-1989/schedule-21/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.