5.1.6 Passing of Property and Risk

Property and risk in relation to an underlying Commodity under any deliverable Futures Contract shall pass in accordance with the provisions in the relevant Contract Specifications and, if not so dealt with, the provisions of the Sale of Goods Act 1979. For the avoidance of doubt, at no time shall property or risk in any underlying Commodity pass to the Exchange.

Amended on 18 January 2022.