2

Material amendment

2.1

The PRA considers the following examples to be a non-exhaustive list of non-material amendments for purposes of these rules:

  • Changes that occur automatically by the terms of the contract without the need for any subsequent agreement by the parties, such as roll over or renewal of the contract; and
  • Administrative changes such as changes to notification, confirmation or payment details, clarification of definitions, business day conventions, or other similar technical amendments.