Formal title: Introduction of further provisions relating to the determination of Trading Disputes
P131 seeks to modify the Code to incorporate provisions relating to the timely decision and prompt rectification of Trading Disputes, for example the setting of baseline dates for the detection of settlement errors. It is also envisaged that there will be a requirement for additional provisions relating to referral of Trading Disputes to the BSC Panel and/or arbitration as a consequence of the provisions referred to above.
The Authority approved the Proposed Modification on 5 April 2004. P131 was implemented on 3 November 2004 by the CVA Programme.