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Most settlement adjustments occur and are resolved within our existing Settlements Statements. Resettlements occur when adjustments are made outside of the normal statements. The current Tariff language effectively describes the timing of disputes and potential associated resettlements. The Tariff provisions are intended to allow correction of Execution and Continuing errors. These provisions provide a useful framework but may result in undue market uncertainty and inefficient use of staff time for continuing errors involving small impacts.
(formerly MSC013)