Paragraph 18

Regulation 19 has effect as if—

(a)

the reference to “the CFD counterparty” in paragraph (2) is to “each CFD counterparty” and the words “in relation to that CFD counterparty” appeared after the words “for that day” in that paragraph;

(b)

the words “in relation to a CFD counterparty” appeared before the words—

(i)

“is determined by” in paragraph (3), and

(ii)

“where, after” in paragraph (6);

(c)

the words “determined by that CFD counterparty” appeared after the words “interim levy rate” in paragraph (4);

(d)

the first reference to “the CFD counterparty” in paragraph (6) is to “a CFD counterparty” and every other such reference in that paragraph is to “that CFD counterparty”;

(e)

the words “in relation to that CFD counterparty” appeared after the words “collateral requirement” where they appear in paragraph (6)(a) and (b); and

(f)

the first reference to “the CFD counterparty” in paragraph (8) is to “a CFD counterparty” and the subsequent reference is to “that CFD counterparty”.