9.1 Administration Procedures

All Contracts shall be subject to such Administration Procedures as may from time to time be adopted by the Directors, provided always that, if any conflict between Administration Procedures and the Contract Rules shall arise, the provisions of the Contract Rules shall prevail and provided further that no Administration Procedure shall be adopted other than for the regulation of administrative matters affecting Contracts (which shall include, without limitation, all such matters as are regulated by the Administration Procedures first adopted with this Contract Rule). The Directors may at their discretion at any time revoke, alter or add to the Administration Procedures and any such amendment shall be circulated to the Members and shall have such effect on existing as well as new Contracts as the Directors may direct.

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