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COB A5.8.2

Subject to COB Rule A5.8.3, a Segregated Client's Client Money must remain in a Client Account until it is:

(a) due and payable to the Authorised Firm;
(b) paid to the Client on whose behalf the Client Money is held;
(c) paid in accordance with a Client instruction on whose behalf the Client Money is held;
(d) required to meet the payment obligations of the Client on whose behalf the Client Money is held; or
(e) paid out in circumstances that are otherwise authorised by the DFSA.
Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]