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(1) (in CASS 4) an event that occurs in the circumstances described in CASS 4.4.14 R (Failure of a bank, intermediate broker, settlement agent or OTC counterparty: secondary pooling events).18
(2) (in CASS 5) an event that occurs in the circumstances described in CASS 5.6.14 R (Failure of a bank, other broker or settlement agent: secondary pooling events).18