Relevant financial obligations
Defined in Article 2, Directive 2002/47/EC
Definitions over time (2)
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Relevant financial obligations may consist of or include: present or future, actual or contingent or prospective obligations (including such obligations arising under a master agreement or similar arrangement); obligations owed to the collateral taker by a person other than the collateral provider; or obligations of a specified class or kind arising from time to time;
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‘relevant financial obligations’ means the obligations which are secured by a financial collateral arrangement and which give a right to cash settlement and/or delivery of financial instruments.
Earlier definition records in this act (1)
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- Article 2(1) Historical · definitions end 30/06/2009
Used in (32 places in 7 provisions on 12/11/2026)
Directive 2002/47/EC (32 in 7)
Recital 102 · Recital 162 · Recital 172 · Article 26 · Article 48 · Article 56 · Article 86