Chapter:	584	Title:	CLEARING AND SETTLEMENT SYSTEMS ORDINANCE	Gazette Number:	L.N. 145 of 2004
Section:	27	Heading:	Preservation of rights, etc. in underlying transactions	Version Date:	04/11/2004

(1) This Part shall not operate to limit, restrict or otherwise affectĦX

(a) any right, title, interest, privilege, obligation or liability of a person resulting from the underlying transaction in respect of a transfer order which has been entered into a designated system; or
(b) any investigation, legal proceedings or remedy in respect of any such right, title, interest, privilege, obligation or liability.

(a) the unwinding of any netting effected by the system operator of a designated system, whether pursuant to its default arrangements or otherwise;
(b) the revocation of any transfer order given by a participant which is entered into a designated system; or
(c) the reversal of a payment or settlement made under the operating rules of a designated system.