Article 1.39 Delivery by document exchange
(1)
A document is delivered to a member of a document exchange if it is delivered to that document exchange.
(2)
Unless the contrary is shown, a document is treated as delivered—
(a)
one business day after the day it is delivered to the document exchange where the sender and the intended recipient are members of the same document exchange; or
(b)
two business days after the day it is delivered to the departure facility of the sender's document exchange where the sender and the intended recipient are members of different document exchanges.
Notes on Chapter 9
Marginal citations
- M1
Section 246C was prospectively inserted for Scotland by section 124(3) of the Small Business, Enterprise and Employment Act 2015 (c.26) and section 248A by section 124(4) of that Act.