285. Collateral arrangement containing other provisions

Past version: effective from 14/06/2015 - 13/06/2015
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For the purposes of this Part 7 (Financial Markets and Netting), a collateral arrangement shall be deemed to be a collateral arrangement notwithstanding the fact that such collateral arrangement may contain provisions relating to agreements, contracts or transactions that are not a netting agreement or qualified financial contract entered into thereunder, provided, however, that, for the purposes of this Part 7 (Financial Markets and Netting), such collateral arrangement shall be deemed to be a collateral arrangement only with respect to those agreements, contracts or transactions that fall within the definition of "netting agreement" or "qualified financial contract" entered into thereunder.