s 15 Preservation of rights, etc.
15.—(1) Except to the extent that it expressly provides, this Act does not operate to limit, restrict or otherwise affect —(a) any right, title, interest, privilege, obligation or liability of a person resulting from the underlying transaction in respect of a transfer order which has been entered into a designated system; or (b) any investigation, legal proceeding or remedy in respect of any such right, title, interest, privilege, obligation or liability. (2) Nothing in subsection (1) is to be construed to require —(a) the unwinding of any netting done by the operator of a designated system, whether pursuant to its default arrangements or otherwise; (b) the revocation of any transfer order given by a participant which is entered into a designated system; or (c) the reversal of a payment or settlement made under the Rules of a designated system.[4/2018]