Following are a series of clauses which could be included in Part 5 of the Schedule.

These clauses are recommended for use in the Australian market. However, participants must always consider their appropriateness for their particular circumstances.

These clauses are optional and participants may want to include in their ISDA Master Agreements. **It is emphasised that these clauses are not mandatory and it would be inappropriate for one party to insist to another that they are mandatory.  However, they are suggested as possible approaches in relation to their subject matter. **

For some recommended clauses, please see "Part 5 - other clauses - with commentary - recommended". 

Last Update Date 29 Jun 2011