capitalspreads
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grantx
i thought i had answered
I am not a lawyer but I assume that there is some final date beyond which a correction cannot be made. (unless you are the government of course for whom retroactive legislation appears to be all the rage). CS is unlikely to impose a correction beyond a few months or so but the client can, of course, impose a correction on CS up to the legal time limit.
For some reason seven years springs to mind ... but i may be out by a decade or so!
T&C's can only do so much and the overiding legal position obviously overides any offending term (otherwise anyone could just put anything in their terms that they liked). I am not sure that I mentioned the FSA at all in any answer to this question.
Simon
i thought i had answered
I am not a lawyer but I assume that there is some final date beyond which a correction cannot be made. (unless you are the government of course for whom retroactive legislation appears to be all the rage). CS is unlikely to impose a correction beyond a few months or so but the client can, of course, impose a correction on CS up to the legal time limit.
For some reason seven years springs to mind ... but i may be out by a decade or so!
T&C's can only do so much and the overiding legal position obviously overides any offending term (otherwise anyone could just put anything in their terms that they liked). I am not sure that I mentioned the FSA at all in any answer to this question.
Simon
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