What is the significance of an Operator of a Financial Infrastructure System meeting the designation conditions referred to in Clause (2) of Article (126)?
The Operator of a Financial Infrastructure System, meeting the designation conditions referred to in Clause (2) of Article (126), is allowed to perform Netting of debit or credit liabilities of a Participant in the system incurred before the point in time when the competent court decides to declare the bankruptcy or liquidation of the participant in question.