Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why is a reason required in the ‘Remarks’ field, when returning a block that is more than 10% contaminated?

0
Posted

Why is a reason required in the ‘Remarks’ field, when returning a block that is more than 10% contaminated?

0

Per Section 9.1.5 of the Thousands Block Pooling Assignment Guidelines: In cases where the block holder is exiting the market and returns a block with over 10% contamination (101 TNs or more), the SP shall state in the remarks field of the Part 1A that it is exiting the market. If the block being returned by the SP is over 10% contaminated and the SP does not indicate it is exiting the market, the PA shall deny the return.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123